# Pork Prospects Improve, But Losses Still Loom

> A weekly outlook cites the USDA inventory report showing the breeding herd up 3.5% and the market herd up 3%. Record 2018 pork production near 26.5 billion pounds is forecast, with more growth in 2019.

- Date: 2018-01-01 · published 2018-01-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/67141-pork-prospects-improve-but-losses-still-loom
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Rising breeding and market herds point to more hogs over the coming months, which is bearish for hog prices. Pork exports, now 22% of production, are key to absorbing the supply.

## 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 | 2018-11-26 | [Pork production is humming, but so is demand: USDA](https://feedsoft.ai/events/62204-pork-production-is-humming-but-so-is-demand-usda.md) | -1.9% | -0.2% |
| 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% |
| HOGS | 2018-03-16 | [Lower prices signal pork sector recovery continues in China](https://feedsoft.ai/events/65975-lower-prices-signal-pork-sector-recovery-continues-in-china.md) | -5.1% | -16.0% |
| HOGS | 2018-01-01 | [Canadian cattle face losses, hogs turn profits](https://feedsoft.ai/events/66966-canadian-cattle-face-losses-hogs-turn-profits.md) | +3.2% | +7.4% |

## Sources

- doi.org: https://doi.org/10.22004/ag.econ.284345

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