# Market Analyst Dennis Smith: Hog prices climbing the wall of supply

> Hog futures have rallied sharply from their lows since mid-October, driven by strong pork processor margins and firmer demand. Analyst Dennis Smith says the post-election commodity rally has added to the upward trend in hogs, cattle and soybeans.

- Date: 2016-11-28 · published 2016-11-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73996-market-analyst-dennis-smith-hog-prices-climbing-the-wall-of-supply
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Packers running extra hours to handle heavy supplies, combined with better demand, supports lean hog prices into early 2017. Buyers should expect firmer hog values than earlier in the fall.

## Read by commodity

- HOGS: bullish ▲

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/hog-prices/hog-prices-climbing-the-wall-of-supply

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