# USDA sees 2026 pork production rising to 28.2 billion pounds as hog prices slip | Feed & Grain

> USDA's January 2026 Livestock, Dairy, and Poultry Outlook projects 2026 US commercial pork production at 28.2 billion pounds, up 2.3% from 2025. It forecasts hog prices averaging $67 per hundredweight, nearly 3% below the 2025 average. The forecast is based on a 1% rise in hog inventory in the December Quarterly Hogs and Pigs report.

- Date: 2026-01-20 · published 2026-01-20T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/21199-usda-sees-2026-pork-production-rising-to-28-2-billion-pounds-as-hog-prices-slip
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

More pork supply and lower expected hog prices tighten producer margins, which puts pressure on cost-conscious feed buying. Higher output implies somewhat firmer feed demand from swine operations.

## Read by commodity

- SBM: neutral
- CORN: neutral
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2022-03-15 | [USDA GAIN Report: China pig production to exceed 2021 levels, prices remain low in 2022
						 \| The Pig Site](https://feedsoft.ai/events/42292-usda-gain-report-china-pig-production-to-exceed-2021-levels-prices-remain-low.md) | -0.1% | -1.9% |
| HOGS | 2020-07-28 | [U.S. a bright spot in pork production — but those prices ...](https://feedsoft.ai/events/52247-u-s-a-bright-spot-in-pork-production-but-those-prices.md) | -3.1% | +3.0% |
| HOGS | 2018-11-26 | [Pork production is humming, but so is demand: USDA](https://feedsoft.ai/events/62204-pork-production-is-humming-but-so-is-demand-usda.md) | -1.9% | -0.2% |
| HOGS | 2019-12-17 | [USDA projects lower hog prices, adjusts meat production for 2020 - Brownfield Ag News](https://feedsoft.ai/events/55722-usda-projects-lower-hog-prices-adjusts-meat-production-for-2020-brownfield-ag.md) | +0.5% | -1.2% |
| HOGS | 2017-09-22 | [Pork imports slow in China as domestic pork production rebounds](https://feedsoft.ai/events/68942-pork-imports-slow-in-china-as-domestic-pork-production-rebounds.md) | -4.5% | +7.6% |
| CORN | 2024-10-14 | [USDA adjusts global grain production forecasts \| Feed & Grain](https://feedsoft.ai/events/27918-usda-adjusts-global-grain-production-forecasts-feed-and-grain.md) | -1.8% | +1.8% |
| CORN | 2026-08-01 | [Move on 2026 and 2027 grain prices before Aug. 12 USDA report](https://feedsoft.ai/events/18392-move-on-2026-and-2027-grain-prices-before-aug-12-usda-report.md) | -0.6% | +10.8% |
| CORN | 2020-07-28 | [U.S. a bright spot in pork production — but those prices ...](https://feedsoft.ai/events/52247-u-s-a-bright-spot-in-pork-production-but-those-prices.md) | -1.3% | +2.8% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/business-markets/news/15815112/usda-sees-2026-pork-production-rising-to-282-billion-pounds-as-hog-prices-slip

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.