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Strong U.S. pork production is meeting flat domestic and international demand, pressuring hog prices and processor margins. CoBank economist Abbi Groves says pork cutout values have been below year-earlier levels for roughly 24 to 25 consecutive weeks.
Retail pork sales are growing but not fast enough to absorb supply.
Heavy supply against soft demand keeps lean hog prices under pressure and weakens processor margins, which can reduce slaughter-linked demand for feed ingredients like soybean meal and DDGS while hog producers tighten spending.
allagnews.comTony St. JamesNov 12, 2026Not enough comparable past events yet for a historical read.
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.
