# Hogs Make New Low,By Ben DiCostanzo, Senior Market Strategist Walsh Trading, Inc., October 21st 2025 - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info

> December Lean Hogs opened higher, traded to 82.875, then reversed to a low of 82.05 and settled at 82.075, making a new low for the down move. Open interest declined as long positions liquidated, and cash hog prices continue to break down from their highs.

- Date: 2025-10-21 · published 2025-10-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8802-hogs-make-new-low-by-ben-dicostanzo-senior-market-strategist-walsh-trading-inc
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expectations for rising seasonal slaughter and heavier weights point to growing pork supply, and packers are cutting bids as the cutout falls, which pressures hog prices lower and weighs on feed demand from hog producers.

## Read by commodity

- HOGS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| HOGS | 2025-10-20 | 5 | -9.6% | -3.7 | Hogs made a new low for the down move on Oct 21 as long positions liquidated and cash prices broke down, which reflects fund selling and weak cash. |

## Sources

- swineweb.com: https://swineweb.com/hogs-make-new-lowby-ben-dicostanzo-senior-market-strategist-walsh-trading-inc-october-21st-2025/

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