Pork Price Trends
Pork
Price movements
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Pig ddwt grade S exw EU EBP [BW56]
Month-on-month Change
Year-on-year Change
UB Pork Carcass Cutout - Value EBP [4621]
Month-on-month Change
Year-on-year Change
UB Pork Trimmings - 72% Trim Combo - (TL) EBP
Month-on-month Change
Year-on-year Change
UB Pork Belly - Derind Belly 11-13# - (TL) EBP
Month-on-month Change
Year-on-year Change
US Weekly Pork Market Insights:
- Production: Pork production for the week ending 3/28/2026 was estimated at 551.1 million pounds, 1.3% higher than the prior week and 2.5% more than the same week last year. Live hog weights averaged 292 pounds for the week, which was 1 lb heavier than last week, and 2 lbs more than the same week a year ago.
- Hams: Bone-in hams were $7.50/cwt lower, while boneless hams were steady.
- Bellies: Skinless bellies were $2.00/cwt to $2.50/cwt weaker.
- Trimmings: 42s were $10.00/cwt higher, while 72s were $5.50/cwt weaker. Boneless picnics were $4.50/cwt lower.
- Retail: 1/4” bone-in loins were $1.00/cwt lower, while 1/8” bone in loins were steady. Boneless strap-ons were $4.50/cwt weaker, while strap-off loins were unchanged. Bone-in sirloins were also steady while boneless sirloins were $1.50/cwt stronger. Tenderloins were unchanged. 1/4” bone-in butts were $0.50/cwt higher, while boneless butts were $3.50 /cwt stronger. Light spareribs were $1.50/cwt higher, while medium spareribs were $5.00/cwt stronger.
Pork
Price forecast
Bellies, Butts, and Trimmings are not moving together. They are experiencing different price pressures and need to be looked at individually.
UB Pork Belly - Derind Belly 11-13# - (TL) EBP
- Derind bellies are in an uptrend and are now nearing a temporary peak.
- Technically, prices are in a confirmed uptrend but could experience some sideways price pressure before continuing higher into summer.
- Frozen pork belly inventories are higher year-on-year as of January 2026 but are below the historical average for the month. This supports the seasonal upswing.
- A hedge was initiated in late January to cover the seasonal increase.
UB Pork Butt - 1/4 Trimmed Butt VAC - (TL) EBP
- Pork Butts are beginning to increase toward the summer peak. A hedge was initiated to cover the coming increase.
- Prices are expected to increase into late Q2 or early Q3 2026.
- Technically, prices have crossed above the moving average, and the trend is confirmed by the MACD crossing above its dotted signal line.
- Overall, this forecast is supported by the technical analysis and the regression model, which suggests that prices are unsustainably low and need to increase from a fundamental perspective.
UB Pork Trimmings - 72% Trim Combo - (TL) EBP
- Pork Trimmings have continued to increase and are expected to reach a peak in the coming days/weeks.
- Technically, prices have crossed above the moving average, and the trend is confirmed by the MACD crossing above its dotted signal line.
- A bearish divergence is on the chart, suggesting that downward pressure is building. The market could experience some sideways price action before continuing higher to its usual summer peak.
- According to the USDA, trimmings in cold storage are at the lowest level observed in January in the last five years. This supports the uptrend.
- A hedge was initiated following the pullback in February to cover the seasonal increase.
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