The article discusses the factors that influence market hog prices in the United States, including supply and demand dynamics, feed costs, trade policies, and consumer preferences. It also highlights the impact of diseases and seasonal variations on prices, emphasizing the need for producers to monitor market trends and adapt their strategies accordingly.

Lean Hogs fell to 80.23 USd/Lbs on December 1, 2025, down 0.47% from the previous day. Over the past month, Lean Hogs's price has fallen 0.47%, and is down 3.60% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lean Hogs - values, historical data, forecasts and news - updated on December of 2025.

View monthly updates and historical trends for US Swine Price. Source: International Monetary Fund. Track economic data with YCharts analytics.

Graph and download economic data for Global price of Swine (PPORKUSDM) from Jan 1990 to Jun 2025 about hogs, livestock, World, and price.

According to Cognitive Market Research, the global Pig Farming market size is USD 3151.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 2.30% from 2024 to 2031. North America held the major market of more than 40% of the global revenue with a market size of USD 1260.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 0.5% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 945.36 million. Asia Pacific held the market of around 23% of the global revenue with a market size of USD 724.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031. Latin America market of more than 5% of the global revenue with a market size of USD 157.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.7% from 2024 to 2031. Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 63.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.0% from 2024 to 2031. The commercial breeds held the highest Pig Farming market revenue share in 2024. Market Dynamics of Pig Farming Market

Key Drivers for Pig Farming Market

Increasing Demand for Pork to Propel the Market Revenue Growth

The demand for pork, a major source of protein in many diets, has increased due to the expanding worldwide population, especially in emerging economies. Urbanization, shifting food tastes, and growing disposable incomes are some of the causes driving this demand. For instance, according to the U.S. Department of Agriculture, a higher-than-expected February production led to a 30 million increase in the first-quarter commercial pork production to 7.2 billion pounds. It is anticipated that 27.9 billion pounds of commercial pork would be produced in 2024, a 2.2% increase over the previous year. It is predicted that the average live price of 51–52 percent lean pigs will be $61 per cwt, which is 3.7% more than in 2023. Due to increased demand from significant importing nations and declining EU pork competitiveness as a result of higher prices and decreased supply, pork exports are expected to increase by 50 million pounds by 2024. Pork exports are predicted to total 7.1 billion pounds in 2024, 4.6 percent more than shipments from the previous year.

Source: https://www.ers.usda.gov/topics/animal-products/hogs-pork/market-outlook/.

Rising Food Demand to Propel Market Growth

The growing food demand is expected to drive the pig farming market during the forecast period. The world's population is continually increasing, and with it, the demand for food rises. As more people require sustenance, there's a proportional increase in the demand for protein sources like pork. As per the report published by Food and Agriculture Organization, between 2009 and 2050, the world's population is predicted to increase by more than a third, or 2.3 billion people. Based on the forecasts, it would be necessary to increase global food production by around 70% between 2005/07 and 2050 to feed the 9.1 billion people that will live the planet by then.

Source: https://www.fao.org/fileadmin/templates/wsfs/docs/Issues_papers/HLEF2050_Global_Agriculture.pdf

Restraint Factor for the Pig Farming Market

Environmental Concerns to Limit the Expansion of the Market

Negative effects of pig farming on the environment can include waste disposal and nutrient runoff polluting the air, soil, and water resources. Pig farmers may face difficulties due to worries about environmental sustainability and pressure from regulations to mitigate these effects, especially if they operate in highly populated or environmentally sensitive areas. According to the study by New Root Institute, a large pig farm has the capacity to produce up to 1.6 million tons of manure annually. These enormous amounts can be difficult to handle, and manure can find its way into the surrounding groundwater and air, harming the local ecosystem and possibly posing health risks to adjacent communities.

Source: https://www.newrootsinstitute.org/articles/pig-farming#:~:text=A%20large%20pig%20farm%20can,and%20even%20causing%20health%20problems.

Impact of Covid-19 on the Pig Farming Market

The COVID-19 pandemic has had a significant impact on the pig farming market, both in terms of immediate disruptions and longer-term implications. COVID-19-rela...

According to Cognitive Market Research, the global Pig Farming market size is USD 3151.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 2.30% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 1260.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 0.5% from 2024 to 2031.

Europe accounted for a share of over 30% of the global market size of USD 945.36 million.

Asia Pacific held the market of around 23% of the global revenue with a market size of USD 724.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031.

Latin America market of more than 5% of the global revenue with a market size of USD 157.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.7% from 2024 to 2031.

Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 63.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.0% from 2024 to 2031

. The commercial breeds held the highest Pig Farming market revenue share in 2024. Market Dynamics of Pig Farming Market

Key Drivers for Pig Farming Market

Increasing Demand for Pork to Propel the Market Revenue Growth

The demand for pork, a major source of protein in many diets, has increased due to the expanding worldwide population, especially in emerging economies. Urbanization, shifting food tastes, and growing disposable incomes are some of the causes driving this demand. For instance, according to the U.S. Department of Agriculture, a higher-than-expected February production led to a 30 million increase in the first-quarter commercial pork production to 7.2 billion pounds. It is anticipated that 27.9 billion pounds of commercial pork would be produced in 2024, a 2.2% increase over the previous year. It is predicted that the average live price of 51–52 percent lean pigs will be $61 per cwt, which is 3.7% more than in 2023. Due to increased demand from significant importing nations and declining EU pork competitiveness as a result of higher prices and decreased supply, pork exports are expected to increase by 50 million pounds by 2024. Pork exports are predicted to total 7.1 billion pounds in 2024, 4.6 percent more than shipments from the previous year.

Source: https://www.ers.usda.gov/topics/animal-products/hogs-pork/market-outlook/.

Rising Food Demand to Propel Market Growth

The growing food demand is expected to drive the pig farming market during the forecast period. The world's population is continually increasing, and with it, the demand for food rises. As more people require sustenance, there's a proportional increase in the demand for protein sources like pork. As per the report published by Food and Agriculture Organization, between 2009 and 2050, the world's population is predicted to increase by more than a third, or 2.3 billion people. Based on the forecasts, it would be necessary to increase global food production by around 70% between 2005/07 and 2050 to feed the 9.1 billion people that will live the planet by then.

Source: https://www.fao.org/fileadmin/templates/wsfs/docs/Issues_papers/HLEF2050_Global_Agriculture.pdf

Restraint Factor for the Pig Farming Market

Environmental Concerns to Limit the Expansion of the Market

Negative effects of pig farming on the environment can include waste disposal and nutrient runoff polluting the air, soil, and water resources. Pig farmers may face difficulties due to worries about environmental sustainability and pressure from regulations to mitigate these effects, especially if they operate in highly populated or environmentally sensitive areas. According to the study by New Root Institute, a large pig farm has the capacity to produce up to 1.6 million tons of manure annually. These enormous amounts can be difficult to handle, and manure can find its way into the surrounding groundwater and air, harming the local ecosystem and possibly posing health risks to adjacent communities.

Source: https://www.newrootsinstitute.org/articles/pig-farming#:~:text=A%20large%20pig%20farm%20can,and%20even%20causing%20health%20problems.

Impact of Covid-19 on the Pig Farming Market

The COVID-19 pandemic has had a significant impact on the pig farming market, both in terms of immediate disruptions and longer-term implicat...

Content

File1: Time series of commodity futures from 2000 until present. Includes 23 different commodities. File2: Categories for each commodity.

All prices are quoted in Euros.

The different commodities included in the commodity_prices.csv file are described below:

1. Energy

a/ Natural Gas: quoted in EUR/MMBtu.
b/ Low Sulphur Gas Oil: quoted in EUR/MT.
c/ WTI Crude: quoted in EUR/barrel.
d/ Brent Crude: quoted in EUR/barrel.
e/ ULS Diesel: quoted in EUR/gallon.
f/ Gasoline: quoted in EUR/gallon.

2. Industrial Metals

a/ Copper: quoted in EUR/lb.
b/ Aluminum: quoted in EUR/MT.
c/ Zinc: quoted in EUR/MT.
d/ Nickel: quoted in EUR/MT.

3. Precious Metals

a/ Gold: quoted in EUR/t oz.
b/ Silver: quoted in EUR/t oz.

4. Grains

a/ Corn: quoted in EUR/bushel.
b/ Soybeans: quoted in EUR/bushel.
c/ Wheat: quoted in EUR/bushel.
d/ Soybean Oil: quoted in EUR/lb.
e/ Soybean Meal: quoted in EUR/T.
f/ HRW Wheat: quoted in EUR/bushel.

5. Livestock

a/ Live cattle: quoted in EUR/lb.
b/ Lean Hogs: quoted in EUR/lb.

6. Softs

a/ Sugar: quoted in EUR/lb.
b/ Coffee: quoted in EUR/lb.
c/ Cotton: quoted in EUR/lb.

Inspiration:

Collated for a personal ML project. Plan to update it weekly.

Source:

Web-scraped from multiple sources.

Current price of Pork Belly Composite. Daily U.S. Pork Cuts prices per pound, based on negotiated prices and volume of boxed pork cuts delivered within 0-14 days and on average industry cutting yields.

The value generated from the import of live swine in the United Kingdom increased by *** million British Pounds (+**** percent) compared to the previous year. In total, the value amounted to ** million British Pounds in 2024. Find other key market indicators concerning the yeast, cereal flours and soya-bean oil..

Pre-packaged, thick sliced, regular sliced or thin sliced pork bacon, regardless of process state."