# Big supplies push cattle and hog markets lower

> Cattle and hog prices have fallen sharply in recent months because of large supplies and a higher slaughter rate than anticipated. Spring-finished cattle prices fell from highs near $138 per live hundredweight to about $115, a $23 drop. Purdue economist Chris Hurt says hog prices have followed a similar pattern.

- Date: 2016-09-06 · published 2016-09-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9464-big-supplies-push-cattle-and-hog-markets-lower
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Heavier livestock supplies depress cash prices for cattle and hogs, which lowers the value of finished animals and can reduce feed demand over time. The price drop is driven by supply rather than a new shock.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- iowafarmbureau.com: https://www.iowafarmbureau.com/Article/Big-supplies-push-cattle-and-hog-markets-lower

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