Hog Prices-Markets
All of the work pork producers do is for nothing if they don’t have a consumer on the back end who desires to purchase, eat and repeat purchase the product, says David Newman with the National Pork Board.
The suspension comes as Washington and Ottawa have engaged in a heated dispute over trade tariffs.
Hog slaughter slightly up from week ago, calculated breakeven price at $69.96.
Alaska agrees to dismissal of claims along with a zero-dollar resolution with Triumph Foods.
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.
A rise in demand from the world’s biggest pork consumer had propelled the expansion and modernization of hog farms but consumption took a downturn in recent years due to a weakening economy, leading to a surplus that has hammered prices.
Producers are prioritizing productivity, cost efficiency, and adapting to changing consumer needs, RaboResearch says in its latest report.
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.
Is it better for each production phase to operate as an independent all-star, or should they function as team players working toward a shared, higher goal?
The two-day event provides educational opportunities to youth and adults and distributes information from current research.
Iowa State University extension swine specialist Mark Storlie says the calculator provides a hands-on opportunity to estimate pen feed allocations.
From markets to retail activations, the conversations were powerful and packed full of opportunity at the Illinois Pork Expo in Springfield.
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.
The pork industry must be cognizant of potential retaliation by these three countries on U.S. pork products, says NPPC CEO Bryan Humphreys says.
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.
Tariffs, global demand and sustainability drew producers in for day two of the Ohio Pork Congress in Lima.
The experts behind the State of the Pork Industry Report share four ways they grew from experiences they went through in 2024.
Germany’s agriculture minister will seek financial aid for farmers hit by the impact of a case of foot-and-mouth disease on a farm in east Germany.
Smithfield Foods said it priced its initial public offering well below its forecast range, raising $521.7 million for the company and the selling stockholder.
Terry Wolters, pork producer from Pipestone, Minnesota and past president of the National Pork Producers Council, says optimism is returning to the industry with better prices.
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.
The U.S. IPO market is set for a historic week ahead.
Cash cattle averaged $202.96 per cwt., up from last week, while lean carcass hog prices were slightly down at $81.08 per cwt.