Hogs drift lower U.S. hog prices edged lower with supplies adequate to meet scaled down slaughter schedules. The futures market is trying to figure out what will happen this summer, with reduced hog numbers from porcine epidemic diarrhea and lighter carcass weights because of hot weather. Iowa-southern Minnesota live hogs delivered to plants were $81-$82 […] Read more
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WP livestock report
Western Producer Livestock Report
Hog prices edge lower With buying for the July 4 holiday wrapping up, packers’ needs were met and U.S. cash hog prices edged a little lower. Futures rose on thoughts that the intense heat in the Midwest and central Plains would slow weight gain. Iowa-southern Minnesota hog traded at $74.50 US per hundredweight June 29, […] Read more
Western Producer Livestock Report
Hog prices steady Tight market-ready hog supply and strong pork prices continued to support hog prices in the United States. The tight supply is the result of rapid weight gain earlier this year, which allowed producers to market hogs, early, causing today’s shortage. Packer margins were negative despite rising pork cutouts. U.S. frozen pork supplies […] Read more
Western Producer Livestock Report
Hogs rise U.S. hog prices jumped higher as the supply of market-ready hogs tightened and pork prices rose. Retailers were buying for the grilling season. However, the rally might be short as weak exports and a large supply of frozen pork hang over the market. Also, packer margins are weak. Iowa-southern Minnesota live hogs rose […] Read more
Western Producer Livestock Report – June 7, 2012
Hogs rise U.S. hog prices jumped higher on tighter supply of hogs and rising pork prices. Retailers were buying for the grilling season. The average barrow and gilt live weight in Iowa-Minnesota last week was 274.3 pounds, down 1.8 lb. from a week earlier. Iowa-southern Minnesota live hogs rose to $63.50 US per hundredweight, up […] Read more
