Demand strengthening pork, hog prices
In 2025, the USDA ERS expects 27% of commercial pork production will be exported.
Source: nationalhogfarmer.com
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In 2025, the USDA ERS expects 27% of commercial pork production will be exported.
October U.S. pork exports higher than a year ago.
October U.S. pork exports higher than a year ago.
Economist says hog prices will likely spend most of 2024 below cost of production.
2023 pork production is expected to be 27.2 billion pounds, about 1% above 2022.