All pork pricing trends are based on USDA data as of June 12, 2026.
The USDA reported a weekly hog harvest of 2.402 MM hogs last week. This level is roughly 1% lower than the prior week. Running harvest level year-to-date is down 0.6% compared to last year.
Loins 
The loin complex remained bearish, as both bone-in and boneless loins declined. Both markets have recently slipped below historical averages, which has positioned them as a great value, according to analysts who note that seasonal demand is improving and supply is good. Variable promotion is reported for the retail channel. Historically, the bone-in loin market continues to edge marginally higher well into July, while the boneless loins have tended to be more rangebound.
Tenders 
The pork tenderloin market remained unchanged. This market has been bullish since early April due to seasonal factors, according to analysts who note that supply is good while demand has been improving. The USDA continues to report varying levels of promotional frequency in the retail space. Historically, the tenderloin market has remained relatively well-supported through June but begins to show signs of losing seasonal momentum.
Butts
Downward momentum from the prior week accelerated rapidly, as the bone-in butt market posted a significant correction. The sharp run-up this spring indicated strong, forward demand for seasonal needs this summer, while market dynamics suggest that current supply is fully adequate, with the possibility of less aggressive features between the key demand holidays of Memorial Day and Independence Day, according to analysts. Based on historical market patterns, the current correction is taking place roughly three weeks earlier than usual.
Ribs
Backribs and St. Louis-style spareribs increased, while whole sparerib varieties continued to decline. Demand for grilling season remains good, according to analysts. The USDA is reporting continued featured activity across rib varieties. The rib markets have sometimes experienced brief relief between Memorial Day and Independence Day, but they historically tend to begin their seasonal decline closer to Independence Day.
Bellies/Bacon 
The belly markets continued to edge slightly higher. Despite the increase, bellies remain at a discount to recent years, representing a great value, according to analysts who note that supply is good and cold storage inventories are slowly improving. The USDA-reported frequency of bacon features in the retail channel was down from the prior week. Historically, the belly market rises by late June, as seasonal factors elevate pricing during summer.
Hams
The ham markets pivoted lower following a four-week rally. Supply remains good on a seasonal basis and cold storage inventories are elevated, while demand is good despite summer pipelines being filled, according to analysts. Historically, the ham markets become steady or move higher during June due to increasing deli ham and lunch meat demand, according to analysts.
Trimmings
72% lean trimmings were steady, while 42% fat trimmings continued to increase. Supply is good and demand is improving, according to analysts who note that since pork trimmings can substitute for beef trimmings, there is a risk of volatility in the pork trimmings markets, as the beef market is currently very strong. Historically, the pork trimming markets increase during June as grilling season ramps up and drives stronger demand from further processors.
Picnics
The picnic complex turned more bearish, as bone-in picnics, which had been rallying since early May, pivoted lower, while boneless picnics continued to slip for a second week. Historically, the bone-in picnic market ebbs and flows directionally higher throughout the calendar year, peaking near late December, while the boneless picnic market trends higher as the weather warms due to increases in raw material demand from further processors.