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Consumer Demand and Export Access to Shape Hog Prices Through 2026

A senior economist with Farm Credit Canada says consumer demand for pork — both at home and abroad — along with ongoing trade dynamics, will play a key role in determining hog prices through the remainder of 2026.

According to FCC’s newly released 2026 Hog Outlook, 2025 proved to be a solid year for Canadian and North American hog sectors, with 2026 expected to deliver similar stability. Strong consumer demand and relatively favorable market fundamentals are providing support, though trade-related uncertainties remain an important watch point.

Domestic Demand Supporting the Market

Justin Shepherd, Senior Economist with Farm Credit Canada, notes that pork has performed well at retail over the past several years. Compared to other proteins, pork has experienced lower price inflation over the past three to four years than beef and chicken, making it an attractive option for consumers.

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