# Pork Demand Recovery Key to Stronger Hog Prices as Consumer Spending Weakens

> 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.

- Date: 2026-11-05 · published 2026-11-05T12:06:46.343Z
- Category: macro · region North America · magnitude low
- Page: https://feedsoft.ai/events/81590-pork-demand-recovery-key-to-stronger-hog-prices-as-consumer-spending-weakens
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

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.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2023-09-28 | [China’s ailing pork demand another sign of economic distress \| FMT](https://feedsoft.ai/events/34095-china-s-ailing-pork-demand-another-sign-of-economic-distress-fmt.md) | -2.5% | -13.6% |
| HOGS | 2018-06-11 | [Lower hog prices ahead](https://feedsoft.ai/events/64673-lower-hog-prices-ahead.md) | +4.5% | +4.1% |
| HOGS | 2025-07-28 | [Sharp drop in hog prices this fall?](https://feedsoft.ai/events/23907-sharp-drop-in-hog-prices-this-fall.md) | -0.8% | -10.2% |
| HOGS | 2017-06-08 | [China's May inflation expected to rise as food price decline narrows - Chinadaily.com.cn](https://feedsoft.ai/events/70488-china-s-may-inflation-expected-to-rise-as-food-price-decline-narrows-chinadaily.md) | +2.4% | +13.2% |
| HOGS | 2020-04-07 | [Coronavirus Sends Crop and Livestock Prices into a Tailspin \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/5743-coronavirus-sends-crop-and-livestock-prices-into-a-tailspin-farm-bureau-intel.md) | -1.8% | +35.8% |

## Sources

- swineweb.com: https://swineweb.com/pork-demand-recovery-key-to-stronger-hog-prices-as-consumer-spending-weakens/

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