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USDA forecasts 2026 hog prices at $67/cwt, down 2.6% from 2025, and 2026 pork production at 28.215 billion pounds, up 2.3%. Pork cold storage stocks were lower in every month of 2025 than in 2024.
Futures expect carcass hog prices to rally to $108 by midsummer.
Lower cold storage and expected summer seasonal strength support hog prices despite higher output. Producers' margins depend on whether the seasonal rally materializes.
nationalhogfarmer.comRon Plain2026年1月26日在过去 61 次中性的报告事件之后，生猪(瘦肉型) 在 5 个交易日内中位数变动 -0.4%（48% 上涨；中间一半区间为 -1.3% 至 +1.8%），20 个交易日内为 +2.1%。
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。
