National Hog Farmer
Why such low hog prices?
U.S. per capita pork consumption is predicted to be 49.2 pounds in 2026, down 0.1 pound from last year and 0.3 pounds less than the prediction for 2027.
Meat Signal
Given the slight projected decrease in U.S. per capita pork consumption through 2027, anticipate stable to slightly softer wholesale pork prices, potentially offering opportunities for favorable forward contract pricing on lean hogs. Continue to monitor herd dynamics and export markets as key factors influencing the actual price trajectory.