See the latest Livestock, Dairy, and Poultry Outlook report.
Report Summary
Pork/Hogs: Information from the Quarterly Hogs and Pigs report published in March supports a moderate reduction in 2025 pork production. Total 2025 pork production is forecast at 28.1 billion pounds, down about 350 million pounds (1.2 percent) from the previous forecast in March. Prices of 2025 live equivalent 51–52 percent lean hogs are expected to average $61.14 per hundredweight, about 1 percent below average prices in 2024. While domestic pork demand remains robust, trade-related uncertainty on world markets is projected to pare down 2025 pork exports to about 7 billion pounds, about 2 percent below exports last year.