# Terrain | Pork Production and Prices Rangebound as Industry Waits

> Analyst Dave Weaber expects Q2 2023 hog slaughter and pork production to be near year-earlier levels, with Q3 seeing slight gains. He forecasts cutout values could rally to $90-95/cwt and producer-sold hogs to the low $90s during Q2, while noting a U.S. Supreme Court ruling on California Prop 12 is pending.

- Date: 2023-04-27 · published 2023-04-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36551-terrain-pork-production-and-prices-rangebound-as-industry-waits
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expected stable-to-tighter supplies could support a seasonal hog price rally, modestly increasing demand for feed grains if producers expand, though gains are expected to be limited.

## Read by commodity

- HOGS: bullish ▲

## Sources

- terrainag.com: https://www.terrainag.com/insights/pork-production-and-prices-rangebound-as-industry-waits/

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