# 2026 hog forecasts

> USDA forecasts 2026 hog prices at $67/cwt, down 2.6% from 2025, and 2026 pork production at 28.215 billion pounds, up 2.3%. Pork cold storage stocks were lower in every month of 2025 than in 2024. Futures expect carcass hog prices to rally to $108 by midsummer.

- Date: 2026-01-26 · published 2026-01-26T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/21203-2026-hog-forecasts
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lower cold storage and expected summer seasonal strength support hog prices despite higher output. Producers' margins depend on whether the seasonal rally materializes.

## Read by commodity

- HOGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2017-01-01 | [More Pork in 2017 With Higher Hog Prices?](https://feedsoft.ai/events/73129-more-pork-in-2017-with-higher-hog-prices.md) | -0.9% | +7.3% |
| HOGS | 2024-08-29 | [US hog farmers rebound from 2023 losses - AFBF
						 \| The Pig Site](https://feedsoft.ai/events/28942-us-hog-farmers-rebound-from-2023-losses-afbf-the-pig-site.md) | -0.9% | -1.4% |
| HOGS | 2022-05-26 | [Lean hogs](https://feedsoft.ai/events/41555-lean-hogs.md) | +0.6% | +2.1% |
| HOGS | 2024-10-25 | [China heads for record 2024 grain harvest of 700 mln T \| Reuters](https://feedsoft.ai/events/27857-china-heads-for-record-2024-grain-harvest-of-700-mln-t-reuters.md) | +4.7% | +2.1% |
| HOGS | 2025-01-01 | [Digging into the December 2024 Hogs and Pigs Report](https://feedsoft.ai/events/27097-digging-into-the-december-2024-hogs-and-pigs-report.md) | -2.9% | +1.1% |

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/market-news/2026-hog-forecasts

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