# Pork production is humming, but so is demand: USDA

> USDA's Economic Research Service projects fourth-quarter US pork production at a record above 7 billion pounds, up 3.5 percent from a year earlier. Strong domestic and export demand is keeping pork inventories current, and the stocks-to-production ratio is projected to fall to its lowest since 1990.

- Date: 2018-11-26 · published 2018-11-26T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/62204-pork-production-is-humming-but-so-is-demand-usda
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Record production is offset by strong demand, but heavy supplies keep fourth-quarter hog prices forecast about 9 percent below last year. This supports lower hog prices despite tight ending stocks.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2020-07-28 | [U.S. a bright spot in pork production — but those prices ...](https://feedsoft.ai/events/52247-u-s-a-bright-spot-in-pork-production-but-those-prices.md) | -3.1% | +3.0% |
| HOGS | 2026-01-20 | [USDA sees 2026 pork production rising to 28.2 billion pounds as hog prices slip \| Feed & Grain](https://feedsoft.ai/events/21199-usda-sees-2026-pork-production-rising-to-28-2-billion-pounds-as-hog-prices-slip.md) | +1.2% | +2.0% |
| HOGS | 2025-01-14 | [USDA Projects an  Increase in US Pork Production – LACO Commodity Research](https://feedsoft.ai/events/26660-usda-projects-an-increase-in-us-pork-production-laco-commodity-research.md) | -0.9% | +5.4% |
| HOGS | 2024-03-13 | [US pork market update: production gains and lower pricing drive exports \| AHDB](https://feedsoft.ai/events/31348-us-pork-market-update-production-gains-and-lower-pricing-drive-exports-ahdb.md) | +1.1% | +6.3% |
| HOGS | 2017-09-22 | [Pork imports slow in China as domestic pork production rebounds](https://feedsoft.ai/events/68942-pork-imports-slow-in-china-as-domestic-pork-production-rebounds.md) | -4.5% | +7.6% |

## Sources

- meatingplace.com: https://meatingplace.com/pork-production-is-humming-but-so-is-demand-usda/

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