# NPPC: Current economic factors have led to higher pork prices, not industry concentration | MEAT+POULTRY

> A report by the National Pork Producers Council, prepared by economists from Iowa State and NC State, concludes that higher US pork prices reflect strong demand, rising input costs, wages and supply chain bottlenecks rather than meatpacker concentration. Concentration is about 7% lower than five years ago, per the analysis.

- Date: 2022-01-26 · published 2022-01-26T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/43290-nppc-current-economic-factors-have-led-to-higher-pork-prices-not-industry
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

The finding that pork prices are driven by fundamentals rather than packer margins suggests the price strength reflects real supply and demand tightness, which supports hog prices.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2021-01-26 | [Report: Higher Wages, Input Costs, Supply Chain Problems Affecting Pork Prices, Not ‘Concentration’ - National Pork Producers Council](https://feedsoft.ai/events/49304-report-higher-wages-input-costs-supply-chain-problems-affecting-pork-prices-not.md) | +0.7% | +17.8% |
| HOGS | 2022-09-06 | [China’s pork industry sees new cycle \| MEAT+POULTRY](https://feedsoft.ai/events/39573-china-s-pork-industry-sees-new-cycle-meat-poultry.md) | -1.1% | -4.9% |
| HOGS | 2019-05-23 | [Pork producers expected to respond to high international prices](https://feedsoft.ai/events/59213-pork-producers-expected-to-respond-to-high-international-prices.md) | -4.5% | -8.0% |
| HOGS | 2021-03-01 | [North American producers seeing higher meat, grain prices \| Feed Strategy](https://feedsoft.ai/events/12937-north-american-producers-seeing-higher-meat-grain-prices-feed-strategy.md) | +1.6% | +15.6% |
| HOGS | 2019-01-01 | [Pork Industry: Some Recovery from Decade Low Prices](https://feedsoft.ai/events/61252-pork-industry-some-recovery-from-decade-low-prices.md) | +2.9% | -0.5% |

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/26111-nppc-current-economic-factors-have-led-to-higher-pork-prices-not-industry-concentration

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