
USDA's Agricultural Outlook Forum projects 2025 commercial pork production to rise 3% to 28.5 billion pounds. Strong domestic and export demand carried over from 2024 is expected to support higher hog prices.
Improved litter rates are cited as a driver of larger pig crops.
Higher projected pork output adds supply, but strong demand is expected to keep hog prices firm. The net effect is a moderately supportive outlook for hog prices.
After 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.