Markets
Cash-traded weaner pig reported volume was above average this past week, with 84,100 head reported. Cash weaner pig reported prices were $16.38, up $2.35 per head from last week.
Cash-traded feeder pig reported volume was above average this past week, with 11,150 head reported. Cash feeder pig reported prices were $34.78, up $2.76 per head from last week.
Cash-traded weaner pig reported volume was above average this past week, with 73,950 head reported. Cash weaner pig reported prices were $12.48, up $0.44 per head from last week.
Cash-traded feeder pig reported volume was below average this past week, with 9,919 head reported. Cash feeder pig reported prices were $33.50, up $9.53 per head from last week.
Cash-traded feeder pig reported volume was below average this past week, with 9,350 head reported. Cash feeder pig reported prices were $23.97, down $6.81 per head from last week.
Cash-traded weaner pig reported volume was above average this past week, with 74,990 head reported. Cash weaner pig reported prices were $11.28, up $0.99 per head from last week.
Cash-traded feeder pig reported volume was above average this past week, with 13,525 head reported. Cash feeder pig reported prices were $30.75, down $5.21 per head from last week.
Cash-traded weaner pig reported volume was above average this past week, with 69,000 head reported. Cash weaner pig reported prices were $9.75, down $2.22 per head from last week.
Cash-traded feeder pig reported volume was below average this past week, with 8,943 head reported. Cash feeder pig reported prices were $36.58, up $1.90 per head from last week.
U.S. beef, pork and lamb producers are working on expanding red meat exports in Latin America based on the success they’ve had in Mexico and Columbia after signing trade agreements.
Cash-traded weaner pig reported volume was above average this past week, with 74,250 head reported. Cash weaner pig reported prices were $11.03, down $0.55 per head from last week.
Cash-traded feeder pig reported volume was above average this past week, with 20,570 head reported. Cash feeder pig reported prices were $38.28, up $2.45 per head from last week.
A year after the pandemic disrupted the hog industry and left producers facing financial ruin, operators are now experiencing a once-in-a-lifetime rally as farrow-to-finish margins climbed another $7 per head last week.
The Sterling Beef Profit Tracker reports average cattle feeding closeouts were in the black last week, but with little room to spare.
Pork producer margins dropped $15 per head last week due to a $7.59 per cwt. decline in lean carcass prices.
After a one-week reprieve, cattle feeding margins are back in the red. Pork producers saw a $7 per head improvement, but remain below breakeven.
A seven-week rally in negotiated cash fed cattle prices has finally lifted average cattle feeding margins to profitability. Pork producer margins remain underwater.
Cattle feeding losses were estimated at $194 per head the week ending July 11, a $60 per head improvement over the previous week, according to the Sterling Beef Profit Tracker.
Cattle and hog finishing margins remain positive for the sixth consecutive week, but cash prices for both declined modesty last week and margins eroded.
Cattle and hog finishing margins are both positive for the fourth consecutive week despite the fact cash prices for cattle and hogs were slightly lower last week.
Cattle and hog finishing margins are both modestly positive for the seventh consecutive week, though hog margins saw a slight decline with lower lean carcass prices.
Cash fed cattle prices ended last week $10 per cwt. lower than last year while the beef cutout closed $16 higher than the same week a year ago. The result? Packer margins $314 per head more than last year.
Cash-traded weaner pig reported volume was above average this past week, with 61,800 head reported. Cash weaner pig reported prices were $11.43, up $0.51 per head from last week.
Cash-traded weaner pig reported volume was above average this past week, with 61,300 head reported. Cash weaner pig reported prices were $10.92, down $0.97 per head from last week.
Cash-traded feeder pig reported volume was below average this past week, with 7,620 head reported. Cash feeder pig reported prices were $37.56, down $2.62 per head from last week.
Cash-traded weaner pig reported volume was above average this past week, with 50,332 head reported. Cash weaner pig reported prices were $10.28, up $0.25 per head from last week.
Cash-traded feeder pig reported volume was below average this past week, with 7,150 head reported. Cash feeder pig reported prices were $41.20, down $2.98 per head from last week.
Cash-traded weaner pig reported volume was above average this past week, with 43,903 head reported. Cash weaner pig reported prices were $10.05, down $0.87 per head from last week.
Cash-traded feeder pig reported volume was above average this past week, with 9,575 head reported. Cash feeder pig reported prices were $42.22, up $0.75 per head from last week.
Cash-traded weaner pig reported volume was above average this past week, with 41,370 head reported. Cash weaner pig reported prices were $10.19, down $3.67 per head from last week.