# Heavy Hog Supplies but Limited Processing Capacity is Pressuring Hog Values
						 | The Pig Site

> Heavy hog supplies relative to limited processing capacity are pressuring hog values, with the IA/MN lean carcass value about 21% below a year earlier. December hog futures have nonetheless rallied about 20% from mid-October lows, partly on short covering and optimism about pork demand.

- Date: 2016-11-23 · published 2016-11-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73997-heavy-hog-supplies-but-limited-processing-capacity-is-pressuring-hog-values-the
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Producers pulling supplies forward keeps cash hog prices under pressure near term, while the futures rally reflects expectations of a manageable early-December supply. Feed buyers should watch slaughter pace against the September Hogs and Pigs estimates.

## Read by commodity

- HOGS: bearish ▼

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2016/11/heavy-hog-supplies-but-limited-processing-capacity-is-pressuring-hog-values-1

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