Bone-in vs boneless pork loin: the center cut is not the cheap one

USDA prints the pork loin four ways every day. The bone-in center cut prices within a few percent of the boneless main muscle, so boning it never pays; the whole loin is the line that trades, at two thirds of the boneless price. The spreads, the season, and the fall of 2026.

Last reviewed Nov 11 2026
BONE-IN CENTER CUT TO BONELESS
95%per lb, median since 2024; at par on Nov 11, 2026
WHOLE LOIN TO BONELESS
65%per lb, median since 2024
BONELESS STRAP-OFF, LATEST
$1.33/lbNov 11, 2026, lowest since Nov 2022
WHOLE 1/4 TRIMMED LOIN, LATEST
$0.77/lbNov 11, 2026, lowest since Jan 2022

USDA daily pork cuts (LM_PK602), negotiated, FOB plant: bone-in cc tender-in loin vac, bnls cc strap-off, 1/4 trimmed loin vac. Ratios are medians of the daily prints, Jan 2, 2024 to Nov 11, 2026.

Line chart in dollars per hundredweight, 2019 to November 2026, weekly averages. The boneless strap-off center cut runs near $130 to $140 in 2019 and 2020, spikes to $197 in June 2021, holds mostly between $150 and $180 from 2022 to mid 2026, and falls to about $138 by November 2026. The bone-in center cut tracks it a little lower for most of the period and ends near $128. The whole 1/4 trimmed loin runs well below both, from a low of $68 in December 2021 to a spike of $148 in May 2020, mostly $80 to $120, and ends near $79.
The pork loin three ways: boneless center cut strap-off, bone-in center cut tender-in, and the whole 1/4 trimmed loin, weekly averages of USDA's daily prints, $/cwt, 2019 to Nov 11, 2026. Source: USDA LM_PK602.

The bone-in pork loin center cut is not the cheap version of the boneless one. It prices within a few percent of it, and some weeks above it. The cheap line is the whole loin, bone in, which trades at about two thirds of the boneless price and is where most of the volume goes. A buyer who reads "bone-in" as "discount" is thinking of the whole loin and quoting the center cut.

The four lines USDA prints

The daily pork report carries the loin at every stage of cutting, and they trade in very different volumes.

Line, fresh, vacWhat it isLoads a day, 2026
1/4 trimmed loinThe whole bone-in loin, fat trimmed to a quarter inch13.0
Boneless center cut, strap-onThe main muscle with the false lean strap left on (the short cut)10.3
Boneless center cut, strap-offThe main muscle alone7.4
Bone-in center cut, tender-inThe center section of the bone-in loin, tenderloin left in2.1

The two boneless lines are the same muscle with and without a strap, and the strap-on versus strap-off article is about that choice. This page is about the bone.

Bone-in center cut against boneless: the same price

Bone-in center cut as a share of boneless strap-off, per lb
Median, daily prints since Jan 202495%
Nine days in ten fall between88% and 103%
November 11, 2026100%

The bone-in center cut is a loin cut into chops with the bone left in, and the plant has already done the work that costs money: pulling the shoulder and sirloin ends, trimming, portioning the center. What is left in is bone, and the market does not discount it much. Through the back half of both 2025 and 2026 the bone-in center cut averaged 98 to 101 percent of the boneless. In the first months of each year it ran 92 to 96 percent.

That ratio answers the boning question with no yield table. Boning a bone-in center cut yourself pays only if you get more boneless meat out of a hundred pounds than the price ratio says, before the labor. At 95 percent it never pays. At 100 percent, which is where it printed this week, it cannot. So the bone-in center cut is bought by people who want the bone: chops on the bone for the case or the menu. It is not a route to boneless loin and the market has never priced it as one.

The whole loin is where the spread lives

The line that carries the volume is the whole 1/4 trimmed loin, and it prices at about 65 percent of the boneless strap-off per pound on the median day since 2024. Over the years the boneless has run 1.35 to 1.68 times the whole loin at the yearly median, 1.53 this year.

That gap is the plant's cutting margin. Out of the whole loin come the two center cuts, the sirloin end, the tenderloin, the back ribs and the trim. The ribs article covers the back ribs, which USDA's cutout math frees at about 11 percent of the loin's weight when the loin is boned. The gap also has a season. Measured against each year's own median, the boneless runs furthest over the whole loin in December and January and closest to it in June and July, when the whole loin is dearest against the main muscle. The pattern holds across 2015 to 2025. The data does not say why, so this page does not either.

The fall of 2026

The hook for reading all of this now is that the loin complex is at multi-year lows, and the three lines fell by different amounts.

Line2026 highNov 11, 2026ChangeLast this low
Boneless strap-off$1.77/lb, Mar 20$1.33-25%Nov 2022
Bone-in center cut$1.79/lb, Feb 6$1.34-25%Sep 2026, no multi-year low
Whole 1/4 trimmed loin$1.14/lb, Aug 7$0.77-33%Jan 2022

Against last November the whole complex is lower: the boneless strap-off averaged $1.41 this November against $1.55 a year earlier, the whole loin $0.82 against $0.95, and the pork cutout itself $70 against $96. The loin primal in the cutout averaged $73 against $86. The boneless strap-on, the short cut, is at its lowest since December 2021.

Two things follow for a buyer. The whole loin fell furthest, so the spread between whole loin and boneless is as wide as it gets, which is the plant keeping its cutting margin while the raw material gives. And the bone-in center cut fell exactly as far as the boneless, which is the same market with a bone in it, as it always was.

Educational reference, not market commentary or trading advice.