WP livestock report

Hogs edge higher U.S. cash hogs rallied last week on big slaughter demand but prices could come under pressure this week as pork belly prices fell. A recent stretch of rain and cool weather down the eastern seaboard is slowing grilling demand. Iowa-southern Minnesota hogs delivered were US$50-$53.50 per hundredweight May 5, up from $49-$51.50 […] Read more


WP livestock report

HOGS RISE Market ready hog supply tightened as it normally does this time of year. The market is awaiting warmer weather to increase grilling demand. U.S. hogs averaged $65.64 on a carcass basis April 22, up from $61.63 April 15. The U.S. pork cutout was $79.79 per cwt. April 22, up slightly from $79.26 April […] Read more

WP livestock report

Hogs drift lower U.S. cash hog prices sagged a little over the week, while Chicago hog futures continued to tumble to almost a two-year low. Hog supply is better than expected as herds recover from the porcine epidemic diarrhea outbreak. Slaughter last week was larger than a year ago, and carcasses were about four percent […] Read more