Ham prices could increase as holidays approach

Texas A&M AgriLife has reported that due to lower pork production toward the holiday season could result in higher prices on hams this holiday season.

“The lower production is likely because several months of financial losses are beginning to take their toll on pork production. While production efficiency — more pigs per litter — have offset fewer sows, it looks as though fewer sows farrowing is starting to show up in a reduced amount of hog slaughter and overall production.”

David Anderson, Ph.D., AgriLife Extension agricultural economist

The AgriLife report shows that in September hams went for retail at $4.60 per pound, which was 3 cents higher than September 2023. AgriLife reported that as holidays come closer, both ham demand and low production may result in the highest price in several months.

“Although available year-round, 70% of ham sales are recorded in the current 13-week holiday season. To provide and accommodate holiday ham sales, retailers ‘book’ holiday hams months in advance to take advantage of lower pricing that allows many to include hams in their holiday features.”

Davey Griffin, Ph.D., AgriLife Extension meat specialist