All pork pricing trends are based on USDA data as of July 24, 2026.
The USDA reported a weekly hog harvest of 2.268 MM hogs last week. This level is roughly 1.2% lower than the prior week’s revised numbers. Running harvest level year-to-date is down 0.4% compared to last year. Historically, harvests reach their lowest levels annually between July and early August.
Loins 
Bone-in loins were steady, while boneless loins pivoted higher. Seasonal demand is fair, although the market has struggled to gain any consistent traction, and supply remains adequate, according to analysts. Historically, the bone-in loin market is rangebound during August, while boneless loins tend to move higher.
Tenders 
The pork tenderloin market remained unchanged from the prior week. Supply is good, while demand has been good but variable, according to analysts. Historically, pork tenderloins are rangebound during August, although markets can react to unforeseen retail promotion.
Butts 
The bone-in butt market continued to slip lower and yield to further seasonal weakness. Supply has been good, while demand has been fair and mixed, according to analysts. The pork butt markets have historically softened during July, and the decreases sometimes have extended into early August.
Ribs 
All varieties of spareribs and backribs continued to fall as the seasonal correction continues. Historically, the rib markets tend to begin their seasonal decline around Independence Day, with the majority of correction happening in July, and slower continued softening going into August.
Bellies/Bacon 
The belly markets continued to surge higher. Supply has generally been good, but the industry is heading into the lowest harvest levels of the year in the upcoming weeks which, combined with stronger, seasonal demand, is generating strength in the belly market, according to analysts. Historically, the belly markets peak sometime between July and August.
Hams 
The ham markets continued higher but the rate of increase was down quite, a bit from the previous couple of weeks. Seasonal demand is strong, especially in export markets, according to analysts, who note that current deli demand and forward demand for holiday hams is also driving interest. Supply remains good on a seasonal basis, with stronger inventories being reported in cold storage. Historically, summertime rallies in the ham markets have trended to peak by early August at the latest.
Trimmings 
42% fat trimmings continued to decline, while 72% lean trimmings continued higher. Supply is good and demand is growing on a seasonal basis, according to analysts. Traditionally, the pork trimming markets strengthen in July and August, as grilling demand stays strong and harvest levels scale back.
Picnics 
Bone-in picnics continued to slip lower, while boneless picnics continued higher. The bone-in picnic market has recovered somewhat on a seasonal basis, but has struggled to maintain upward momentum over the past couple of months. Historically, the bone-in picnic market ebbs and flows higher throughout the calendar year, peaking near late December. The boneless picnics are heavily used by Further Processors, similar to trimmings, and are likely seeing a resurgence in demand, according to analysts. Historically, boneless picnics are bullish in August.