All pork pricing trends are based on USDA data as of July 10, 2026.
The USDA reported a weekly hog harvest of 2.369 MM hogs last week. This level is roughly 20.0% higher than the prior week due to recovery following the reduced production schedules during the week of July 4. Running harvest level year-to-date is down 0.3% compared to last year.
Loins 
The loin complex moved lower, and remains below historical averages. 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 continues to edge marginally higher well into July, while the boneless loins have tended to be more rangebound.
Tenders 
The pork tenderloin market edged higher. Supply is good, while demand has been good but variable, according to analysts. Historically, pork tenderloins turn slightly bearish during July as seasonal momentum peaks.
Butts
The bone-in butt market slipped slightly lower. While the rapid selloff in early June has stabilized, the market is approaching a time of further seasonal weakness, according to analysts. The pork butt markets have historically softened during July.
Ribs 
Backribs were up, while all varieties of spareribs were down. Industry demand will be shifting to consumption of outstanding frozen inventories, thus taking pressure off the fresh markets, according to analysts, who note that the risk of seasonal volatility is increasing. Historically, the rib markets tend to begin their seasonal decline around Independence Day, which continues through July or longer.
Bellies/Bacon
The belly markets continued higher. Supply is good and cold storage inventories are slowly recovering ahead of prior-year levels, according to analysts. The USDA-reported frequency of bacon features in the retail channel continues to be strong but variable. Although seasonal lift has been tempered thus far, the belly markets historically are at their peak during July and August.
Hams
The ham markets continued to surge higher. Demand is improving, as the recent market has been considered a value, according to analysts, who note that 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, the ham markets have experienced steady to stronger support in July. Increasing deli ham and lunchmeat demand will also be a driver as warmer weather persists, according to analysts.
Trimmings
The trimming markets were active yet polarized, as 42% fat trimmings pivoted lower while 72% lean trimmings continued to surge. Supply is good and demand is expected to fully recover from holiday downtime 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 edged slightly higher, while boneless picnics slipped. The bone-in picnic market has been rallying since early May, but has struggled to maintain upward momentum over the past month. 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 likely saw some holiday pullback as processors reduced production schedules for Independence Day, according to analysts. Historically, boneless picnics are bullish in August.