US: Hog Market Review 21 Weeks Ending May 26, 2025

Lean pork futures trading has been choppy of late, but bulls still hold a slight overall near-term technical edge amid continued strength in the cash pork market. The latest CME lean pork index rose another 49 cents to $92.34 on May 20, the biggest daily gain in a week and a half. China's return to the U.S. pork market , highlighted by the EXPORT sales report, is also pushing prices higher.

Cold storage data showed pork inventories at the end of April totaled 455.803 million pounds, the lowest since 2004, down 8.71 percent from a year ago but up 11.32 percent from March.

The FOB pork price was $101.46 on Friday afternoon, up $1.19 from the previous reading. Ham and ribs were the only cuts to show a price decline .  

Probable price ranges for next week:

June lean pork futures $96,675-$101,975 with sideways upside

July soybean meal futures $289.70-$308.10 with an upside bias

July Corn Futures $4.50-$4.80 with Upside

You can learn more about the state of the pig market in the usa, as well as about the prices of pigs and pork on the American (and other) market in the weekly reviews of the MEAT market in RUSSIA and in the world from Meatinfo.ru.

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Average price of pigs

Negotiable price

Price in slaughter weight

Price in live weight

On a national basis LM_HG203:

-price range ($)

- weighted average price

-Change from the day before

-sales volume

89.00-99.00

94.86

-0.43

2026

61.50-76.50

71.02

+7.94

923

Iowa/Minnesota LM_HG206:

- weighted average price

No data

No data

Western Corn Belt LM_HG212:

- weighted average price

96.90 (+0.45)

No data

Eastern Corn Belt LM_HG210:

- weighted average price

91.54

69.93

WEEKLY WEIGHTED AVERAGE PRICE OF PIGS

Weekly approximate volume of pig slaughter, thousand heads

PORK PRODUCTION