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EA Risk chief economist Dr. Lee Schulz, speaking at the 2026 Saskatchewan Pork Industry Symposium, said a hog market rebound depends on improving pork demand. He cited four monthly declines in US real disposable personal income during 2026, including a sharp drop in September, as consumers cut protein spending.
Softer consumer purchasing power weakens pork demand, pressuring hog prices and producer margins even though supplies are steady, which lowers demand for hog-related feed inputs into 2027.
swineweb.comJim EadieNov 5, 2026After 17 past bearish macro events, Lean Hogs moved a median -1.0% over 5 sessions (35% higher; middle half -2.5% to +0.8%), and -1.6% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
