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USDA ERS cut its 2025 commercial pork production forecast by 25 million pounds to 27.5 billion pounds. Lower early-Q4 hog availability and disease problems in large producing states contributed.
Processors reported higher processing spreads heading into December.
Smaller pork supply supports hog and pork prices, although the fourth-quarter seasonal slaughter peak normally pressures prices. Lower production also reduces demand for feed in the near term.
nationalhogfarmer.comAnn HessDec 18, 2025After 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.
