Anyone following the hog and pork markets recently has seen the volatility that preceded the recent surge to new contract highs, and the lack of consensus in the industry’s outlook. The USDA will issue their quarterly Hogs and Pigs report at the end of June, which will help inform the industry’s outlook greatly. Amid the current rally and in advance of this report, WPI offers our outlook for the second half of the 2025 hog and pork markets. Briefly, our models anticipate continued strong pork demand to combine with reduced slaughter and modest gains in carcass weights to create a price-supportive environment.  The details of the hog market’s supply-side variables are that WPI looks for 2025 barrow and gilt and FI hog...