# Seasonal trends are in pork producers’ favor

> Futures indicate hog prices will rise until July and then decline through year-end, with 2024 prices expected above 2023. USDA forecasts 51-52% lean hog prices averaging $60/cwt this year, while Iowa producers lost money in January.

- Date: 2024-02-26 · published 2024-02-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31801-seasonal-trends-are-in-pork-producers-favor
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expected seasonal hog price strength and improving producer margins may support herd rebuilding and hog-feed demand.

## Read by commodity

- HOGS: bullish ▲

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/market-news/seasonal-trends-are-in-pork-producers-favor

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.