Latest News From Markets

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.

Dr. Pat Westhoff joins AgriTalk’s Chip Flory to share his spin on the latest trends in crop markets, livestock outlooks and projections for net farm income.

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.

Cash-traded feeder pig reported volume was above average with 10,530 head reported. Cash feeder pig reported prices were $61.90, down $1.17 per head from last week.

Cash-traded weaner pig reported volume was above average this past week, with 63,675 head reported. Cash weaner pig reported prices were $40.55, up $1.56 per head from last week.

Cash-traded feeder pig reported volume was below average this past week, with 2,750 head reported. Cash feeder pig reported prices were $63, up $2.10 per head from last week.

Cash-traded weaner pig volume was above average this week with 55,737 head being reported which is 117% of the 52-week average.

Cash-traded feeder pig reported volume was above average this past week, with 10,135 head reported. Cash feeder pig reported prices were $63.34, down $4.02 per head from last week.

Cash-traded weaner pig reported volume was below average this past week, with 44,108 head reported. Cash feeder pig reported prices were $44.49, down $1.76 per head from last week.

Cash-traded feeder pig reported volume was above average with 9,800 head reported. Cash feeder pig reported prices were $72.36, up $1.72 per head from last week.

Cash-traded weaner pig volume was below average this week with 31,489 head being reported which is 66% of the 52-week average.

Cash-traded feeder pig reported volume was below average this past week, with 5,985 head reported. Cash feeder pig reported prices were $72.39, down $7.74 per head from last week.

Cash-traded weaner pig reported volume was below average this past week, with 34,000 head reported. Cash weaner pig reported prices were $48.56, up $0.62 per head from last week.

Cash-traded feeder pig reported volume was below average this past week, with 5,400 head reported. Cash feeder pig reported prices were $79.78, down $8.07 per head from last week.

Cash-traded weaner pig reported volume was below average this past week, with 31,905 head reported. Cash weaner pig reported prices were $47.02, down $3.26 per head from last week.

Cash-traded feeder pig reported volume was below average this past week, with 4,840 head reported. Cash feeder pig reported prices were $80.81, down $12.32 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.

Cash-traded weaner pig reported volume was below average this past week, with 40,250 head reported. Cash weaner pig reported prices were $50.56, down $0.38 per head from last week.

Cash-traded feeder pig reported volume was below average this past week, with 7,245 head reported. Cash feeder pig reported prices were $99.70, down $1.61 per head from last week.

Despite COVID-19-related challenges, U.S. pork exports to Central America set a new record in 2020 and are off to a terrific start this year.

Cash-traded weaner pig reported volume was below average this past week, with 40,200 head reported. Cash weaner pig reported prices were $53.33, down $0.29 per head from last week.

Cash-traded feeder pig reported volume was above average this past week, with 8,230 head reported. Cash feeder pig reported prices were $98.72, down $2.24 per head from last week.

Cash-traded weaner pig reported volume was below average this past week, with 30,775 head reported. Cash weaner pig reported prices were $52.81, down $2.10 per head from last week.

Lean hog futures finished slightly higher Tuesday. The strengthening U.S. dollar may be a factor, but there are also other fundamentals playing into the market. 

For the week of March 26, cash-traded feeder pig reported volume was below average with 4,500 head reported. Cash feeder pig reported prices were $97.44, up $12.91 per head from last week.

For the week of March 19, cash-traded weaner pig volume was below average this week with 32,650 head being reported which is 65% of the 52-week average. Cash prices were $53.56, down $3.02 from a week ago.

China booked its largest purchase of U.S. corn since January, the U.S. Department of Agriculture said on Tuesday.

For the week of March 12, cash-traded feeder pig reported volume was above average with 7,835 head reported. Cash feeder pig reported prices were $90.38, up $0.17 per head from last week.

China's hog herd recovery in 2021 will be bolstered by larger sow inventories and high pork prices. However, animal disease outbreaks will moderate pork production, the USDA attache says.

For the week of March 5, Cash-traded weaner pig volume was below average this week with 31,542 head being reported which is 62% of the 52-week average.

For the week of February 26, cash-traded feeder pig reported volume was below average with 4,200 head reported. Cash feeder pig reported prices were $87.43, up $6.38 per head from last week.

For the week of February 19, cash-traded feeder pig reported volume was below average with 5,525 head reported. Cash feeder pig reported prices were $81.05, up $3.27 per head from last week.

During USDA’s 97th Agricultural Outlook Forum, USDA chief economist Seth Meyer provided insight into what the livestock and poultry sectors can expect in 2021. 

With demand expected to rebound this year, the U.S. Meat Export Federation (USMEF) is looking to expand the retail presence of U.S. pork and beef in Colombia.

For the week of February 12, cash-traded weaner pig volume was below average this week with 23,125 head being reported which is 45% of the 52-week average.

For the week of February 5, cash-traded feeder pig reported volume was above average with 8,305 head reported. Cash feeder pig reported prices were $74.76, up $7.00 per head from last week.

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 volume was below average this week with 41,830 head being reported which is 81% of the 52-week average. Cash prices were $61.48, up $3.01 from a week ago.

Cash traded feeder pig reported volume was below average with 7,180 head reported. Cash feeder pig reported prices were $70.33, up $5.21 per head from last week.

The volume of pork exported by the European Union (EU) during the first ten months of 2020 exceeded the record volume of pork exported in all of 2019.

China's pork output fell less than expected last year as it recovered from the impact of an incurable hog disease that depleted breeding stock.

Cash-traded weaner pig volume was below average this week with 46,650 head being reported which is 90% of the 52-week average.

It’s been an interesting start to 2021. COVID-19 cases are still surging and the political and market landscape has changed dramatically. CoBank shares their latest pork outlook.

Driven by higher estimates for pork, the China total meat import forecasts were revised up for both 2020 and 2021, according to the USDA Livestock and Poultry World Markets and Trade report.