Market Outlook

See the latest Livestock, Dairy, and Poultry Outlook report.

Report Summary

Pork/Hogs: Commercial pork production is expected to grow moderately in 2025 to 28.4 billion pounds, about 1.2 percent above forecast production for 2024. Quarterly hog price forecasts should average to about $60 per cwt for 2025, almost 4 percent lower than expected prices in 2024. Pork exports in 2025 are forecast at 7.6 billion pounds, an increase of almost 5 percent from exports forecast for 2024. Production and export forecasts together imply that in 2025 almost 27 percent of commercial pork production will be exported.