Alerta Pork: Weekly Regional Hog Price Report – August 6, 2024

Hog prices saw improvements throughout the week, although national prices dipped towards the end. CME cash rose daily, and wholesale pork values fluctuated with notable increases in bellies. In Canada, hog prices increased by $4-$9 per hog, with significant gains for OlyW 21 and OlyW 20. US prices saw modest increases. Canadian hog margins improved due to higher hog values and reduced feed costs, with notable profit increases in Ontario and Quebec. US margins also strengthened, with Tyson and JM showing profit growth.

For the complete report, you can access the PDF here