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Hogs & Pork - Market Outlook

See the latest Livestock, Dairy, and Poultry Outlook report.

Report Summary

Pork/Hogs: The December USDA Quarterly Hogs and Pigs report provided information on December 1, 2025, inventories, farrowings, farrowing intentions, and pig crops. This information points to 2026 commercial pork production of 28.2 billion pounds, a volume 2.3 percent higher than in 2025. Prices of 2026 national-producer-sold live-equivalent hogs are forecast to average $67 per cwt, almost 3 percent lower than the 2025 average.