Markets
Cash-traded feeder pig reported volume was below average this past week, with 4,160 head reported. Cash feeder pig reported prices were $79.03, up $2.04 per head from last week.
Three economists shared their forecasted prices for the year ahead in the Dec. 23 announcement of the Dec. 1 USDA Quarterly Hogs and Pigs Report in a teleconference funded by the Pork Checkoff.
Cash-traded weaner pig reported volume was below average this past week, with 27,873 head reported. Cash weaner pig reported prices were $61.24, up $2.86 per head from last week.
Cash-traded feeder pig reported volume was above average this past week, with 9,150 head reported. Cash feeder pig reported prices were $76.25, up $2.51 per head from last week.
Chicago Mercantile Exchange live cattle futures fell more than 1% on Wednesday on technical selling, softer cash cattle markets this week and worries about export demand for U.S. beef, traders said.
Cash-traded weaner pig reported volume was above average this past week, with 45,750 head reported. Cash weaner pig reported prices were $55.51, down $0.89 per head from last week.
Cash-traded feeder pig reported volume was above average this past week, with 10,250 head reported. Cash feeder pig reported prices were $78.33, up $2.24 per head from last week.
Cash-traded weaner pig reported volume was below average this past week, with 25,684 head reported. Cash weaner pig reported prices were $54.78, up $1.35 per head from last week.
Cash-traded feeder pig reported volume was above average this past week, with 9,625 head reported. Cash feeder pig reported prices were $69.93, up $2.59 per head from last week.
Cash-traded weaner pig reported volume was below average this past week, with 19,078 head reported. Cash weaner pig reported prices were $53.74, up $0.58 per head from last week.
Cash-traded feeder pig reported volume was below average this past week, with 7,400 head reported. Cash feeder pig reported prices were $69.80, down $2.30 per head from last week.
Tyson Foods’ pork processing plant in Columbus Junction, Iowa, has suspended operations for a week beginning Monday due to more than two dozen cases of COVID-19 confirmed at the facility.
Closures and shutdowns are still leaving many producers struggling with what to do with their hogs. One producer resorted to Facebook to sell hogs.
America has an abundance of livestock, but U.S. hog producers need harvest facilities up and running to convert that abundancy into food, explained Smithfield Foods CEO and president Kenneth Sullivan on Fox News.
Cash-traded weaner pig reported volume was below average this past week, with 33,830 head reported. Cash weaner pig reported prices were $50.81, down $1.14 per head from last week.
Cash-traded weaner pig volume was below average this week with 33,290 head being reported which is 79% of the 52-week average. Cash prices were $51.95, up $1.77 from a week ago.
Cash-traded weaner pig reported volume was below average this past week, with 35,650 head reported. Cash weaner pig reported prices were $50.18, down $1.34 per head from last week.
Cash-traded feeder pig reported volume was below average this past week, with 5,050 head reported. Cash feeder pig reported prices were $73.67, down $0.23 per head from last week.
Cash-traded weaner pig volume was below average this week with 38,715 head being reported, which is 90% of the 52-week average.
Economist Scott Brown said he’ll be the first to admit he had a lot of scratches on his paper after the announcement of the Sept. 1 Quarterly Hogs and Pigs Report. Three economists share their forecasts.
USDA’s Sept. 1 Quarterly Hogs and Pigs Report contained a very bullish surprise. Four leading economists weigh in on what the report says about the future of the U.S. pork market.
Cash-traded feeder pig reported volume was above average this past week, with 11,550 head reported. Cash feeder pig reported prices were $70.30, down $1.48 per head from last week.
Cash-traded weaner pig reported volume was below average this past week, with 43,470 head reported. Cash weaner pig reported prices were $48.01, up $1.87 per head from last week.
The forecast for 2021 total red meat and poultry production is lowered from last month, USDA said in its monthly World Agricultural Supply and Demand Estimates (WASDE) report on Sept. 10.
Cash-traded feeder pig reported volume was above average this past week, with 10,350 head reported. Cash feeder pig reported prices were $70.89, up $3.33 per head from last week.
Cash-traded weaner pig reported volume was above average this past week, with 49,417 head reported. Cash weaner pig reported prices were $48.90, up $3.55 per head from last week.
Cash-traded feeder pig reported volume was below average this past week, with 5,750 head reported. Cash feeder pig reported prices were $60.93, down $3.61 per head from last week.
Cash-traded weaner pig reported volume was below average this past week, with 25,659 head reported. Cash weaner pig reported prices were $42.67, up $0.13 per head from last week.
Cash-traded feeder pig reported volume was below average with 2,335 head reported. Cash feeder pig reported prices were $57.20, down $6.70 per head from last week.
Cash-traded weaner pig reported volume was below average this past week, with 38,240 head reported. Cash weaner pig reported prices were $42.50, down $0.22 per head from last week.