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A National Pork Board article cites research finding that a 1% change in wholesale pork demand corresponds to a 0.435% change in the slaughter hog price. The study uses wholesale pork volumes and inflation-adjusted cutout values to build a demand index.
The piece describes how consumer demand flows through the pork supply chain.
The estimated elasticity shows how sensitive hog prices are to shifts in wholesale pork demand, which matters for hog feed buying. Weak wholesale demand would therefore pressure hog prices and feed demand.
nationalhogfarmer.comLee Schulz, Glynn TonsorSep 14, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
