# Hog market sizzles

> US lean hog futures rallied nearly 40% from an October 14-year low, with December lean hogs topping 57 cents per pound. Packers bought heavily ahead of Christmas, with a record 2.54 million hogs slaughtered the prior week, while cold weather limited animal weight gain.

- Date: 2016-12-10 · published 2016-12-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73619-hog-market-sizzles
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Strong packer demand and seasonally tighter supply support hog prices, though a rally could falter if pork inventories build.

## Read by commodity

- HOGS: bullish ▲
- NATGAS: bullish ▲

## Sources

- timesrepublican.com: https://www.timesrepublican.com/opinion/columnists/2016/12/hog-market-sizzles/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.