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An economist previews the March USDA Hogs and Pigs report, expecting the market hog inventory to rise 1.1% year-over-year and farrowing intentions to increase. Winter farrowings are expected to be flat with last year.
Strong pork cutout values have supported cash hog prices.
Expected modest increases in breeding and market herd numbers would add pork supply and put modest pressure on hog prices. The forecast is consistent with the typical seasonal price pattern.
nationalhogfarmer.comRon PlainApr 1, 2025After 159 past bearish report events, Lean Hogs moved a median -0.2% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +1.0% 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.
