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USDA data showed April federally inspected pork production at 2.3 billion pounds, up marginally from a year earlier. Hog prices and the wholesale pork cutout were higher than in April 2025, with the cutout at $98.06/cwt.
Canadian finishing hog imports also rose.
Strong pork demand and higher hog prices support continued hog herd economics and feed demand, though larger hog supplies from imports limit upside.
nationalhogfarmer.comAnn HessMay 20, 2026After 100 past bullish report events, Lean Hogs moved a median -0.2% over 5 sessions (49% higher; middle half -1.9% to +2.0%), and -0.4% 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.
