All pork pricing trends are based on USDA data as of March 20, 2026.
The USDA reported a weekly hog harvest of 2.491 MM hogs last week. This level is roughly 1.7% lower than the prior week. Running harvest level year-to-date is down 1.0% compared to last year.
Loins 
The bone-in loin market stabilized from its recent correction but failed to gain any lift, while the boneless loin market slipped lower. Seasonal demand is fair and relatively steady, and supply is good due to larger seasonal harvest levels, according to analysts. Variable promotion is reported for the retail channel. Historically, both loin markets have been steady during late March through early April, then tend to rise toward the end of April.
Tenders 
The pork tenderloin market continued sharply lower. Supply is good, but demand is becoming variable, according to analysts. The USDA continues to report varying levels of promotional frequency in the retail space. Historically, the tenderloin market has been somewhat volatile during March, and tends to remain rangebound.
Butts 
The bone-in butt market edged marginally higher. Supply remains cyclically strong and demand continues to be mostly supportive, according to analysts. The USDA has been reporting steady but varying levels of ad placement for butts. Historically, the butt markets have been somewhat choppy during March before demand becomes more consistent in April as grilling season approaches.
Ribs
The rib markets remained mixed, as all varieties of spareribs increased while backribs decreased. Seasonal demand for fresh ribs remains fair-to-weak, but is being offset by forward demand, according to analysts. The recent correction in the whole sparerib markets brought them much closer to prior-year levels. Historically, both the backrib and sparerib markets climb higher into spring and summer due to improving seasonal demand, although spareribs are generally a bit more volatile.
Bellies/Bacon
The belly market composite continued to edge marginally higher, extending upon a slow and steady rally since December. The USDA reported that the frequency of bacon in retail ads was roughly on par with the prior week. Historically, the belly markets weaken in March, so the current momentum is counter-seasonal.
Hams
Both light and heavy hams pivoted lower. Supply remains good, but demand for Easter is vanishing, according to analysts. Historically, the ham markets remain rangebound over the next few months.
Trimmings
Both the 42% fat and 72% lean 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 are firm to higher into early April.
Picnics
The picnic complex increased, as bone-in picnics recovered from a brief dip while boneless picnics continued higher. The cyclical reset of bone-in picnics seems to have stabilized, and they are now slowly edging higher in seasonal fashion, according to analysts. Historically, the bone-in picnic market ebbs and flows directionally higher throughout the calendar year. Meanwhile, the boneless picnic market continues to build upward, seasonal momentum. Historically, the boneless picnics ebb and flow directionally higher as the weather warms.