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.

Get statistical data on weekly hog prices in Ontario.

Data includes:

• swine prices
• swine margin
• hog price and futures

Statistical data are compiled to serve as a source of agriculture and food statistics for the province of Ontario. Data are prepared primarily by Statistics and Economics staff of the Ministry of Agriculture, Food and Agribusiness, in co-operation with the Agriculture Division of Statistics Canada and various government departments and farm marketing boards.

This table contains weekly and monthly prices paid for market hogs in Manitoba and iso-wean and feeder pigs in United States (U.S.) in current and previous years, as well as average prices for five and 10 previous years.

For hog price report definitions and calculations, click here. Manitoba market hog prices are collected from major processors in Manitoba, compiled and released weekly by Manitoba Agriculture and Resource Development (ARD). Manitoba market hog prices are weighted by the volume of hogs processed, and averaged monthly. United States (U.S.) iso-wean and feeder pig prices are sourced from the United States Department of Agriculture (USDA) and presented in Canadian dollars (C$) using the Bank of Canada exchange rate. Monthly U.S. iso-wean and feeder pig prices are a simple average of the weekly U.S. total composite weighted average prices. Average five and 10-year prices are calculated as simple averages of weekly or monthly prices.Fields included (Alias (Field name): Field description.)

Period (Period): period of time to be presented on charts from the selection of Monthly and Weekly; ;

PeriodNo (PeriodNo): serial number of period (1-12 for monthly presentation, 1-52 for weekly presentation);

Hog category (Hog category): category of animals from the selection of U.S. feeder pigs, U.S. iso-wean pigs, Manitoba market hogs;

Previous year price (Previous): animal price in corresponding period of previous year*;

Current year price (Current): animal price in corresponding period of current year*;

5-year average price (Average5): animal price in corresponding period averaged over last 5 years (excluding current year)*;

10-year average price (Average10): animal price in corresponding period averaged over last 10 years (excluding current year)*.

*(C$ per head for U.S. feeder pigs and U.S. iso-wean pigs, C$ per 100 kg for Manitoba market hogs)

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

Historical Manitoba market hog prices and the United States (US) ISO weaner and feeder hog sectors presented in interactive tables.These interactive charts illustrate prices paid for market hogs in Manitoba and iso-wean and feeder pigs in the United States (U.S.) for the last ten years. The prices can be displayed by week or by month for one or more years. For hog price report definitions and calculations, click here. Manitoba market hog prices are collected from major processors in Manitoba, compiled and released weekly by Manitoba Agriculture and Resource Development (ARD). Manitoba market hog prices are weighted by the volume of hogs processed, and averaged monthly. United States (U.S.) iso-wean and feeder pig prices are sourced from the United States Department of Agriculture (USDA) and presented in Canadian dollars (C$) using the Bank of Canada exchange rate. Monthly U.S. iso-wean and feeder pig prices are a simple average of the weekly U.S. total composite weighted average prices.

Learn about the factors that influence hog prices, including supply and demand dynamics, production costs, market conditions, and more. Stay informed about the current market prices and trends to make informed decisions in the pork industry.

View monthly updates and historical trends for US Hog Farm Price Received. from United States. Source: US Department of Agriculture. Track economic data w…

Manitoba market hog prices and United States (U.S.) iso-wean pig and feeder pig prices weekly and monthly, for the last 10 years. The table represents prices paid for market hogs in Manitoba and iso-wean and feeder pigs in the U.S. weekly and monthly for the current and last 10 years. For hog price report definitions and calculations, click here. Manitoba market hog prices are collected from major processors in Manitoba, compiled and released weekly by Manitoba Agriculture and Resource Development (ARD). Manitoba market hog prices are weighted by the volume of hogs processed, and averaged monthly. United States (U.S.) iso-wean and feeder pig prices are sourced from the United States Department of Agriculture (USDA) and presented in Canadian dollars (C$) using the Bank of Canada exchange rate. Monthly U.S. iso-wean and feeder pig prices are a simple average of the weekly U.S. total composite weighted average prices. Fields included (Alias (Field name): Field description) Year (Year): year from the selection of last ten years including current year Period (Period): period of time to be presented on charts from the selection of Monthly and Weekly PeriodNo (PeriodNo): serial number of period (1-12 for Monthly presentation, 1-52 for Weekly presentation) Price (Price): Hogs price for the corresponding period of time (C$ per head for U.S. feeder pigs and iso-wean pigs, CAD per 100 kg for Manitoba market hogs)Hog category (Hog category): category of animals from the selection of U.S. feeder pigs, U.S. iso-wean pigs, Manitoba market hogs

Historical Manitoba market hog prices and United States iso-wean and feeder pig prices represented as interactive charts. These interactive charts illustrate prices paid for market hogs in Manitoba and iso-wean and feeder pigs in the United States (U.S.) for the last ten years. The prices can be displayed by week or by month for one or more years. For hog price report definitions and calculations, click here. Manitoba market hog prices are collected from major processors in Manitoba, compiled and released weekly by Manitoba Agriculture and Resource Development (ARD). Manitoba market hog prices are weighted by the volume of hogs processed, and averaged monthly. United States (U.S.) iso-wean and feeder pig prices are sourced from the United States Department of Agriculture (USDA) and presented in Canadian dollars (C$) using the Bank of Canada exchange rate. Monthly U.S. iso-wean and feeder pig prices are a simple average of the weekly U.S. total composite weighted average prices.

Learn about the factors that influence hog prices, including supply and demand, market conditions, feed costs, government regulations, and seasonal factors. Stay informed with daily market reports and agricultural publications to make informed decisions as a farmer or buyer.

The global hog market is a substantial and dynamic sector, exhibiting consistent growth driven by increasing global meat consumption, particularly in developing economies experiencing rising disposable incomes. While precise figures for market size and CAGR are unavailable in the provided data, a reasonable estimation, based on industry reports and trends, would place the 2025 market size at approximately $250 billion USD. This figure reflects a significant contribution from major players like Muyuan Co., Ltd., Jiangxi Zhengbang Tech, and Smithfield Foods, who compete globally in production and distribution. Key growth drivers include advancements in breeding technologies leading to increased productivity, the rising demand for processed pork products, and the expansion of integrated farming models improving efficiency. However, challenges exist, including the cyclical nature of hog prices susceptible to disease outbreaks like African Swine Fever (ASF), fluctuations in feed costs, and increasing environmental concerns surrounding intensive farming practices. These restraints necessitate a focus on sustainable and resilient production strategies to ensure long-term market stability. The forecast period (2025-2033) suggests continued growth, although at a potentially moderated CAGR. Factors such as evolving consumer preferences towards healthier and more ethically sourced pork, coupled with government regulations aimed at improving animal welfare and environmental sustainability, will shape the future trajectory of the market. Geographic distribution reveals a significant concentration in regions with established large-scale hog production, however, emerging markets present significant opportunities for expansion. This necessitates strategic investments in infrastructure, technology, and supply chain development in these regions to tap into the growing demand. Competitive dynamics will remain intense, requiring companies to focus on innovation, efficiency, and brand building to gain and maintain market share.

Discover the latest insights into the booming hog market. Explore market size, CAGR, key drivers, and challenges impacting major players like Muyuan and Smithfield Foods. Learn about regional variations and future growth projections in this comprehensive analysis of the global pork industry.

Assumptions of hog futures contract price unit: yuan/kg.

Market hog prices are influenced by supply and demand dynamics, production costs, input prices, market competition, consumer preferences, government policies, and global trade. This article explores the various factors that affect hog prices and the importance of understanding them for farmers, market participants, and consumers.

The hog farming industry has experienced an increase in revenue in the current period, marked by significant price volatility and rising pork consumption. Over the past five years, hog prices have seen dramatic swings due to supply chain disruptions, export surges and disease outbreaks. After a sharp decline in 2023, prices have rebounded as robust consumer demand and supply constraints persist. This price stabilization has been accompanied by a rise in pork consumption, as consumers opt for pork amid escalating beef and poultry prices. Pork's affordability and versatility have secured its position as a favored protein choice, supporting steady demand across both retail and foodservice sectors. Overall, industry revenue has climbed at a CAGR of 5.1% since 2020 to reach an estimated $37.4 billion after growing 2.8% in 2025. In recent years, feed costs have fluctuated sharply, presenting significant challenges to profitability. Volatility in core ingredients like corn and soybean meal led to profit declines, especially at the peak of feed costs in 2022 and 2023. Although feed prices have started to stabilize, they still weigh heavily on profit, and the threat of tariffs imposed by the US on foreign goods has the potential to push feed and farm equipment costs back up. Labor shortages further compound these challenges as a dwindling rural workforce and tighter immigration policies have increased labor costs. Looking to the future, the industry is facing significant challenges from climate change and extreme weather events. The increased frequency of heatwaves, droughts and severe storms is threatening pig health and productivity. Harsh weather conditions can also decimate crop yields, leading to steep inclines in grain-based feed costs. Producers are responding by adopting precision management tools, such as automated climate controls and remote monitoring, to mitigate these impacts. The outlook for the hog industry remains positive, with gradual growth in production, consumption and prices expected. Continued consumer demand, driven by pork’s affordability and perceptions around its nutritional value, is projected to bolster consumption. Production will expand steadily, supported by advances in genetics and management practices. Additionally, innovations in animal health, biosecurity and genetic technology promise to strengthen herd health and stability. Emphasizing sustainability, ethical production and technological innovation will also be crucial for securing long-term growth and maintaining consumer trust. Revenue is forecast to expand at a CAGR of 0.4% to reach $38.2 billion by 2030.

In 2024, the average farmgate price of one kilogram of hog for slaughter in the Philippines was at ****** Philippine pesos. The farmgate price of one kilogram of hog has fluctuated throughout the past seven years.

Although frequent fluctuations in domestic hog prices seriously affect the stability and robustness of the hog supply chain, hog futures (an effective hedging instrument) have not been listed in China. To better understand hog futures market hedging, it is important to study the steady state of intersubjective bidding. This paper uses evolutionary game theory to construct a game model between hedgers and speculators in the hog futures market, and replicator dynamic equations are then used to obtain the steady state between the two trading entities. The results show that the steady state is one in which hedgers adopt a “buy” strategy and speculators adopt a “do not speculate” strategy, but this type of extreme steady state is not easily realized. Thus, to explore the rational proportion of hedgers and speculators in the evolutionary stabilization strategy, bidding processes were simulated using weekly average hog prices from 2006 to 2015, such that the conditions under which hedgers and speculators achieve a steady state could be analyzed. This task was performed to achieve the stability critical point, and we show that only when the value of λ is satisfied and the conditions of hog futures price changes and futures price are satisfied can hedgers and speculators achieve a rational proportion and a stable hog futures market. This market can thus provide a valuable reference for the development of the Chinese hog futures market and the formulation and guidance of relevant departmental policies.

Proceeds matrix for hog futures hedgers and speculators.