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Rabobank says pork prices have rebounded on tighter hog supplies, but US trade policy and China tariffs threaten export pace. CoBank's Brian Earnest notes US pork exports were about 25% of production in 2024 and that a new domestic marketing campaign aims to lift consumption, which has been flat for decades.
Uncertain export demand and flat domestic pork consumption limit hog price upside over time. Strong pork pricing still supports producer feed purchasing in the near term.
meatpoultry.comRachael OatmanMay 21, 2025After 28 past neutral trade events, Lean Hogs moved a median -0.4% over 5 sessions (46% higher; middle half -2.2% to +0.7%), and -0.3% 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.
