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Hog slaughter in the four weeks ending July 26 was 3.7% lower than a year ago, below expectations from the July hog survey. USDA also revised some initial slaughter estimates lower, and ham, trim and belly prices remain well supported.
Tighter near-term pork supply supports processing cut prices, while seasonal declines in butt and sparerib values are expected as slaughter rises in the fall.
porkcheckoff.orgJul 29, 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.
