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USDA ERS economists reported that federally inspected pork production in January was 2.8% above a year earlier, at about 2.5 billion pounds, on heavier dressed weights. Live hog prices averaged $61.49 per cwt, up 1.6% year over year, and the pork carcass cutout averaged $93.63, up 2.8%.
Q1 2026 pork production was raised to 7.1 billion pounds.
Strong January demand and higher cutout values signal firm hog pricing, though rising production caps upside. Higher Q1 output is balanced against demand that is absorbing the extra pork.
nationalhogfarmer.comAnn HessFeb 18, 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.
