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An ag economist says pork exports remain above 2025 levels and the pork cutout has reached over $100 per hundredweight. He notes PRRS disease losses weigh on profitability, and that higher cutout values would need more momentum in bellies and hams.
Export strength and a cutout above $100 support hog prices, but disease losses and inflation limit producer profitability and the upside for hog futures.
After 177 past bullish disease events, Lean Hogs moved a median +0.2% over 5 sessions (52% higher; middle half -1.8% to +2.7%), and +0.9% over 20.
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.