# Report: Higher Wages, Input Costs, Supply Chain Problems Affecting Pork Prices, Not ‘Concentration’ - National Pork Producers Council

> A report by economists at Iowa State, NC State and the National Pork Producers Council found that US pork prices have risen due to strong demand, higher input costs, labor shortages and supply chain bottlenecks rather than meatpacker concentration. The report also found that US pork prices remain below those in many other countries.

- Date: 2021-01-26 · published 2021-01-26T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/49304-report-higher-wages-input-costs-supply-chain-problems-affecting-pork-prices-not
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Rising packing costs and labor constraints tighten the pork supply chain, which supports hog prices and demand for feed. The finding that concentration is not the cause reduces the likelihood of policy intervention that could alter packer margins.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2021-12-21 | [Supply chain issues, increased wages and inputs pushing pork prices up](https://feedsoft.ai/events/43766-supply-chain-issues-increased-wages-and-inputs-pushing-pork-prices-up.md) | +2.4% | +3.3% |
| 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 | 2022-01-26 | [NPPC: Current economic factors have led to higher pork prices, not industry concentration \| MEAT+POULTRY](https://feedsoft.ai/events/43290-nppc-current-economic-factors-have-led-to-higher-pork-prices-not-industry.md) | +2.5% | +24.2% |
| 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 | 2024-09-24 | [What Could the Upcoming Hogs and Pigs Report Hold in Store and Implications for Pork Supply in 2025? - Pork Checkoff](https://feedsoft.ai/events/28476-what-could-the-upcoming-hogs-and-pigs-report-hold-in-store-and-implications-for.md) | -0.5% | -3.1% |

## Sources

- nppc.org: https://nppc.org/press-releases/report-higher-wages-input-costs-supply-chain-problems-affecting-pork-prices-not-concentration/

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