Hog Prices-Markets
Despite tightening inventories and a decade-low breeding herd, softening domestic and export demand is projected to pressure hog prices and squeeze producer margins into 2027.
The U.S. Meat Export Federation expressed cautious optimism after bilateral talks placed pork and beef among the non-sensitive goods slated for tariff and non-tariff barrier relief.
When you consider that today’s purchased weaner would be sold in March 2027 using April 2027 futures, the weaner breakeven was $10.20, down $0.24 for the week, and $15.20 below the average cash price for the week of $25.40.
A smaller breeding herd and reducedpig crop reflect how producers are pulling back amid rising input costs and weaker hog prices.
Surging corn futures could push 2027 swine finishing feed costs up nearly 10% over 2026 levels.
Chad Groves of Seaboard Foods challenges the supply chain to stop chasing volume at the expense of value and put the consumer back at the center of the plate.
When you consider that today’s purchased weaner would be sold in March 2027 using April 2027 futures, the weaner breakeven was $10.44, down $4.52 for the week, and $18.27 below the average cash price for the week of $28.71.
When you consider that today’s purchased weaner would be sold in February 2027 using April 2027 futures, the weaner breakeven was $14.97, up $0.19 for the week, and $21.48 below the average cash price for the week of $36.45.
When you consider that today’s purchased weaner would be sold in February 2027 using April 2027 futures, the weaner breakeven was $14.78, up $2.97 for the week, and $22.69 below the average cash price for the week of $37.47.
While resilient global demand drove a 6% increase in July beef export value, temporary pseudorabies restrictions dragged monthly pork exports lower despite strong year-to-date gains.
When you consider that today’s purchased weaner would be sold in February 2027 using February 2027 futures, the weaner breakeven was $11.81, down $2.87 for the week, and $31.56 below the average cash price for the week of $43.37.
When you consider that today’s purchased weaner would be sold in February 2027 using February 2027 futures, the weaner breakeven was $14.68, down $1.89 for the week, and $31.36 below the average cash price for the week of $46.04.
Discover how pork producers can transition from a “production-first” mindset to objective, data-driven financial strategies that protect margins and build long-term staying power.
Despite steady producer profits driven by cheaper feed, lagging hog prices and a shifting export market present a complex puzzle for the industry and budget-conscious consumers alike.
When you consider that today’s purchased weaner would be sold in January 2027 using February 2027 futures, the weaner breakeven was $16.57, down $5.33 for the week, and $31.34 below the average cash price for the week of $47.91.
Learn how to calculate and compare the true value of your current sows against prospective replacement gilts to make smarter, timely culling decisions.
When you consider that today’s purchased weaner would be sold in January 2027 using February 2027 futures, the weaner breakeven was $22.10, down $4.58 for the week, and $24.25 below the average cash price for the week of $46.35.
Normal trade has fully resumed following the lifting of pseudorabies-related restrictions in Mexico, keeping U.S. pork exports on a strong, near-record trajectory for the first half of the year.
When you consider that today’s purchased weaner would be sold in January 2027 using February 2027 futures, the weaner breakeven was $26.68, down $6.51 for the week, and $23.53 below the average cash price for the week of $50.21.
When you consider that today’s purchased weaner would be sold in January 2027 using February 2027 futures, the weaner breakeven was $33.18, up $0.50 for the week, and $16.34 below the average cash price for the week of $49.52.
When you consider that today’s purchased weaner would be sold in January 2027 using February 2027 futures, the weaner breakeven was $32.68, up $5.65 for the week, and $16.15 below the average cash price for the week of $48.83.
As consumer purchasing power shifts and input costs remain elevated, Matt Erickson explains why now is not the time for complacency in risk management.
When you consider that today’s purchased weaner would be sold in December 2026 using February 2027 futures, the weaner breakeven was $27.04, up $3.34 for the week, and $20.77 below the average cash price for the week of $47.81.
While overall export volume is climbing, trade restrictions in Mexico are leaving millions of dollars on the table every single week.
When you consider that today’s purchased weaner would be sold in December 2026 using February 2027 futures, the weaner breakeven was $23.70, down $4.84 for the week, and $22.81 below the average cash price for the week of $46.51.
Profitability returns to the swine industry in early 2026, highlighted by a rise in owner’s equity to 56% and working capital exceeding $1,000 per sow.
When you consider that today’s purchased weaner would be sold in December 2026 using December 2026 futures, the weaner breakeven was $28.53, up $1.32 for the week, and $20.17 below the average cash price for the week of $48.70.