# Pork Industry: Some Recovery from Decade Low Prices

> US pork industry expansion has slowed to a 2.4% breeding herd growth rate after losses and trade tariffs. USDA's Hogs and Pigs report showed inventories smaller than trade expected, so 2019 pork supply estimates were revised lower. First-quarter slaughter is still forecast to be nearly 3% above last year.

- Date: 2019-01-01 · published 2019-01-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/61252-pork-industry-some-recovery-from-decade-low-prices
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Smaller-than-expected inventories and slowing herd growth trim expected pork supplies, which supports hog prices despite higher first-quarter slaughter.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2024-03-19 | [Increased pork demand raises hog prices](https://feedsoft.ai/events/31347-increased-pork-demand-raises-hog-prices.md) | -0.6% | +8.4% |
| HOGS | 2024-05-23 | [Demand strengthening pork, hog prices](https://feedsoft.ai/events/30394-demand-strengthening-pork-hog-prices.md) | -1.2% | -2.8% |
| 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 | 2021-05-07 | [Supply squeeze lifts hog prices; herd recovery to lag: Rabobank](https://feedsoft.ai/events/47251-supply-squeeze-lifts-hog-prices-herd-recovery-to-lag-rabobank.md) | +1.3% | +6.4% |
| 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% |

## Sources

- doi.org: https://doi.org/10.22004/ag.econ.298480

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