Hog Price History: US Hog Prices per cwt Since 2000
Hog price history from the USDA: monthly and yearly prices for US market hogs (barrows and gilts) since 2000, shown as a live-weight equivalent per hundredweight, with record highs and 10-year averages. For the latest daily prices, see hog prices today.
Data through: August 2026
Hog Price History Chart (2014–2025)
Monthly hog prices, last 10 years
Monthly hog prices by year ($/cwt live)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Avg |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 61.49 | 64.75 | 67.27 | 67.03 | 67.72 | 68.62 | 70.84 | 69.43 | – | – | – | – | – |
| 2025 | 60.52 | 64.83 | 65.43 | 64.72 | 68.01 | 76.34 | 78.20 | 77.61 | 75.34 | 69.57 | 63.53 | 61.51 | 68.80 |
| 2024 | 53.35 | 58.02 | 61.82 | 66.30 | 67.98 | 67.71 | 67.53 | 66.51 | 62.96 | 62.67 | 64.07 | 61.95 | 63.41 |
| 2023 | 58.23 | 59.11 | 60.50 | 56.85 | 59.96 | 66.14 | 75.23 | 72.50 | 64.48 | 60.20 | 56.46 | 52.53 | 61.85 |
| 2022 | 58.79 | 68.25 | 73.55 | 74.26 | 74.93 | 78.94 | 82.97 | 84.08 | 72.41 | 69.40 | 65.52 | 61.97 | 72.09 |
| 2021 | 50.08 | 56.23 | 66.10 | 74.46 | 78.90 | 82.70 | 79.33 | 76.95 | 69.06 | 64.11 | 57.04 | 55.39 | 67.53 |
| 2020 | 47.88 | 45.46 | 47.77 | 41.73 | 51.72 | 41.09 | 40.33 | 43.21 | 50.57 | 56.24 | 51.36 | 48.50 | 47.15 |
| 2019 | 44.36 | 42.85 | 46.63 | 59.03 | 61.27 | 58.80 | 56.78 | 57.85 | 47.34 | 48.96 | 47.32 | 47.13 | 51.53 |
| 2018 | 52.49 | 53.57 | 48.95 | 45.04 | 51.23 | 59.24 | 57.86 | 43.36 | 43.83 | 49.96 | 45.34 | 42.89 | 49.48 |
| 2017 | 48.34 | 54.59 | 52.62 | 47.67 | 53.55 | 62.11 | 66.19 | 59.79 | 47.63 | 47.36 | 49.26 | 48.05 | 53.10 |
| 2016 | 43.73 | 49.21 | 49.70 | 50.80 | 56.80 | 60.28 | 58.76 | 51.55 | 46.74 | 41.13 | 38.67 | 43.23 | 49.22 |
| 2015 | 56.61 | 49.90 | 49.74 | 48.99 | 59.54 | 59.73 | 58.59 | 58.22 | 53.86 | 54.41 | 44.67 | 42.55 | 53.07 |
Hog prices by decade
| Decade | Average ($/cwt live) | Lowest year | Highest year |
|---|---|---|---|
| 2020s | $63.47 | $47.15 | $72.09 |
| 2010s | $55.38 | $49.22 | $75.91 |
Full table: hog price every calendar-year year, 2014–2025 (12 years)
| Calendar-year | Price ($/cwt live) |
|---|---|
| 2025 | $68.80 |
| 2024 | $63.41 |
| 2023 | $61.85 |
| 2022 | $72.09 |
| 2021 | $67.53 |
| 2020 | $47.15 |
| 2019 | $51.53 |
| 2018 | $49.48 |
| 2017 | $53.10 |
| 2016 | $49.22 |
| 2015 | $53.07 |
| 2014 | $75.91 |
Series: average net price paid for producer-sold barrows and gilts, converted by USDA to a live-weight equivalent (carcass price × 0.74). Our daily hog prices page shows the carcass price, which is higher per cwt.
Source: Livestock and Meat Domestic Data, livestock prices (USDA Economic Research Service, based on USDA National Agricultural Statistics Service and Agricultural Marketing Service data). The most recent year may be preliminary or a USDA forecast. Prices are nominal (not adjusted for inflation). Checked for updates every weekday; USDA updates these tables monthly.
Why Hog Prices Swing
- Seasonality: hog prices usually peak in summer, when fewer hogs are ready for market and grilling demand is high, and dip in late fall.
- Feed costs: corn and soybean meal make up most of the cost of raising a hog. See corn price history.
- Exports and disease: African swine fever in China (2018–2019) and trade disputes caused big swings, and COVID-19 plant closures in 2020 briefly crashed prices.
Raising a few pigs yourself? Small-farm whole-hog prices are set very differently. See our guide to the most profitable farm animals.
FAQ
What does “live equivalent” mean?
USDA converts the carcass price to a live-weight price by multiplying by 0.74, since a hog’s carcass is about 74% of its live weight.
When are hog prices highest?
Usually in early to mid summer. The monthly table above shows the pattern year by year.
Where does this data come from?
USDA Economic Research Service Livestock and Meat Domestic Data, based on USDA Agricultural Marketing Service reports.
How often is this page updated?
We check USDA’s tables every weekday and update when new data is published.