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USDA economists note that processors' spreads have narrowed and that spot hogs traded at a premium to producer-sold hogs by late February. Strong pork demand led to better loin cut prices, which USDA linked to export demand.
The 2026 hog price is projected to average $70 per cwt, 2.1% above 2025.
Robust export demand for pork supports hog prices and encourages processors to buy hogs even at higher prices. This sustains demand for hog feed into 2026.
在过去 85 次看涨的贸易事件之后,生猪(瘦肉型) 在 5 个交易日内中位数变动 +0.8%(54% 上涨;中间一半区间为 -1.8% 至 +4.5%),20 个交易日内为 +4.0%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。