Markets
Check out Sterling Marketing’s Pork Profit Tracker Ending the Week of April 5.
Cash-traded feeder pig reported volume was below average with 12,256 head reported. Cash feeder pig reported prices were $93.32, down $6.20 per head from last week.
Check out the Sterling Marketing Pork Profit Tracker for March 29.
Cash traded feeder pig reported volume was above average with 16,262 head reported. Cash feeder pig reported prices were $99.52, down $5.01 per head from last week.
Check out the Sterling Marketing Pork Profit Tracker ending March 22.
Cash-traded feeder pig reported volume was above average with 15,490 head reported. Cash feeder pig reported prices were $104.53, down $1.65 per head from last week.
Check out Sterling Marketing’s Pork Profit Tracker for the week ending March 14.
While tariffs are negative for grain and hog producers, tariffs on U.S. beef and cattle imports have a net effect of tightening supplies and that’s price positive.
Cash-traded feeder pig reported volume was above average this past week, with 23,100 head reported. Cash feeder pig reported prices were $106.18, up $3.49 per head from last week.
The renewals are a relief to U.S. farmers and meat companies as they navigate trade disputes with major agricultural importers, including China and Canada.
The registration status for pork, beef and poultry plants across the U.S., including some owned by major producers, was changed from “effective” to “expired.”
Farrow-to-finish margin $47.33, up from a week ago.
Cash-traded feeder pig reported volume was above average this past week, with 20,325 head reported. Cash feeder pig reported prices were $102.69, down $6.46 per head from last week.
Hog slaughter slightly up from week ago, calculated breakeven price at $69.96.
Cash traded feeder pig reported volume was below average with 11,830 head reported. Cash feeder pig reported prices were $109.15, down $6.43 per head from last week.
Overall, profit conditions have improved significantly for pork producers compared to 12 months ago,says NPPC’s economist Holly Cook.
Beef packers saw losses of $195.60 per head and pork packers saw losses of $1.41 per head.
Cash-traded feeder pig reported volume was above average this past week, with 16,650 head reported. Cash feeder pig reported prices were $115.58, up $3.25 per head from last week.
Cash cattle decreased slightly at $202.85 per cwt., while lean carcass hog prices came in higher at $89.67 per cwt.
Cash-traded feeder pig reported volume was above average this past week, with 32,297 head reported. Cash feeder pig reported prices were $112.33, up $6.40 per head from last week.
Cash cattle decreased slightly at $207.25 per cwt., while lean carcass hog prices came in slightly higher at $85.78 per cwt.
Cash-traded weaner pig reported volume was below average this past week, with 46,620 head reported. Cash weaner pig reported prices were $83.63, down $1.42 per head from last week.
USMEF President and CEO Dan Halstrom says the increases were driven by diversification of export markets and delivered a value of $66 per head slaughtered on pork.
Cash cattle remained steady at $209.97 per cwt., while lean carcass hog prices came in slightly higher at $85.56 per cwt.
Cash-traded weaner pig reported volume was below average this past week, with 51,473 head reported. Cash weaner pig reported prices were $85.05, up $2.15 per head from last week.
Cash cattle averaged $210.22 per cwt., up $6 from last week, while lean carcass hog prices came in slightly higher at $82.71 per cwt.
Cash-traded weaner pig volume was below average this week with 47,550 head being reported which is 70% of the 52-week average. Cash prices were $82.90, down $1.43 from a week ago.
Cash cattle averaged $204.12 per cwt., up from last week, while lean carcass hog prices came in at $81.79 per cwt.
Cash traded feeder pig reported volume was above average with 16,480 head reported. Cash feeder pig reported prices were $105.05, up $6.07 per head from last week.
Restrictions on German pork because of an FMD outbreak could leave a void in some markets, but lack of market access and available products could limit the opportunities for U.S. pork.