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ANALYSIS: Hog Slaughter Slows While Live Hog Market Holds Firm

Through the week ending August 16, weekly hog slaughter totaled approximately 2.42 million head, modestly higher than the prior week but nearly 4% below the same week last year. Year-to-date, slaughter is tracking around 78.4 million head, which is 2% below 2024 levels and also running leaner than the three-year average by a margin of 1.7%. In recent weeks, volumes have trailed historical benchmarks, reflecting the tighter supply environment that has characterized much of the summer. 

The firmness in the live hog market has...

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Aug 25 7:56 AM, Expana



ANALYSIS: USDA Livestock Forecast Points to Lower Pork Production

In the USDA Livestock, Dairy, and Poultry Outlook released August 18, 2025, the pork market was adjusted a little lower. USDA now forecasts 2025 production at 27.7 billion pounds, down 0.5% from last year.

For 2026, production is forecast at 28.4 billion pounds, a modest 2.5% increase but still under last month’s estimate. The changes stem from slower hog slaughter and lighter weights, with spring PRRS disease pressures keeping supplies tighter.

Hog prices are forecast by USDA to remain active, averaging about $77/cwt in the third quarter and...

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Aug 22 8:00 AM, Expana


US Republicans Continue Push to Override California Animal Welfare Law

U.S. Republicans continued on Wednesday a years-long effort to override a 2018 California law that bans the sale in the state of pork from pigs kept in tightly confined spaces, arguing in a House Agriculture Committee hearing that the law is overly burdensome to farmers.

Proposition 12, which also sets housing standards for veal and eggs sold in the state, was upheld by the Supreme Court in 2023 after a legal challenge by the pork industry.

President Donald Trump's administration sued California...

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Jul 24 9:05 AM, Expana


ANALYSIS: US Pork Cold Storage Tightens Year-Over-Year Despite Seasonal Shifts

According to the USDA’s May Cold Storage report, total pork in frozen inventory declined to 450.9 million pounds, down 5.2 million pounds (- 1.1%) from April, signaling the lowest volumes recorded in the last 10 years. While month-over-month supplies are slightly lower, year-over-year inventories remain significantly tighter—down more than 31 million pounds (-6.6%) compared to May 2024—pointing to persistent supply-side constraints...

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Jul 1 8:07 AM, Expana


China’s New Hope Outlines Focus on Feed and Hog Farming    

New Hope Liuhe reported profitability in the first quarter of 2025, driven by a renewed focus on its two core businesses: feed and hog farming. This marks the company’s first profitable quarter in three years. The company has undergone significant structural adjustments, with the pig farming division concentrating on improving breeding stock and reducing production costs. The feed division is targeting a return to competitiveness through stable and sustainable growth, the company said. 

“We’ve largely emerged from the downturn, and the company is seeing an overall positive trajectory,”..

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Jun 25 3:27 AM, Expana


Tariff Talks 2025: Expana's Weekly Rundown #9

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #9."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...

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May 16 10:59 AM, Expana


Understanding PRRSV: Research, Challenges and Industry Efforts With Dr. Brent Pepin

Dr. Brent Pepin, NPB’s director of swine health, takes a deep dive into managing Porcine Reproductive and Respiratory Syndrome (PRRSV). NPB has played a key role in advancing PRRSV research and supporting producers with resources to mitigate disease risks.

Background Information

Porcine reproductive and respiratory syndrome virus (PRRSV) has been a devastating disease for pork producers since its discovery in 1991. PRRSV continues to be a major challenge affecting production, pig health and welfare. PRRSV infection can cause respiratory disease and mortality...

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Feb 21 3:24 PM, Expana


US Meat Trade Faces Uncertainty Ahead of Tariff Implementation

On Thursday, President Trump reaffirmed his plan to impose 25% tariffs on goods imported from Mexico and Canada, set to take effect on February 1, 2025. He is also considering an additional 10% tariff on Chinese imports.

The announcement has heightened uncertainty across many industries, including the livestock and meat sectors. The tariffs threaten to significantly disrupt live cattle shipments from Mexico and Canada, both key suppliers...

Compounding these challenges, a ban on feeder cattle imports from Mexico remains in effect following...

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Jan 31 9:01 AM, Expana


Morocco Stops German Feed Grain Imports Over Foot-and-Mouth Disease

Morocco has halted imports of feed grains from Germany following an outbreak of foot-and-mouth disease, the head of Morocco's grain trade federation (FNCL) said on Thursday.

The import suspension affected "all untreated plant-based feed intended for animal consumption from Germany due to the foot-and-mouth disease outbreak there," Omar Yacoubi told Reuters.

A source at Morocco's food safety agency ONSSA confirmed that plant-based imports from Germany for animal feed had been "suspended" until Germany is declared free of foot and mouth again or certifies local regions that are free of the disease...

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Jan 30 9:29 AM, Expana


Muyuan Group Sells 71.6 Million Pigs in FY24

Muyuan Group, a large scale Chinese livestock producer, has released its live hog sales data for December 2024, the fourth quarter, and the full fiscal year.

In December 2024, the company sold a total of 8.6 million pigs, including 8.2 million commercial pigs, 360,000 piglets, and 31,000 breeding pigs. These sales generated revenue of CNY 15.4 billion (approximately USD 2.1 billion). Among the total sales, 2.2 million pigs were sold to Muyuan’s wholly-owned subsidiary, Muyuan Meat Co., Ltd., and its subsidiaries.

The average sales price of commercial...

 

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Jan 22 8:41 AM, Expana







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