Summary:
The Weekly Hog Market Facts report, compiled by Jaydee Smith, provides a detailed analysis of the hog market for the week ending July 19, 2024. Key highlights include:
- Ontario Market: The 100% Base Formula Price increased to $220.83/cwt. The average dressed weight was 103.96 kg, with 109,336 hogs sold.
- Canadian Market: Hog slaughter numbers decreased to 406,070, while Quebec’s pool price rose to $205.27/cwt.
- U.S. Market: Federally inspected slaughter totaled 2,371,000 hogs. The USDA pork carcass cutout value increased to $100.18/cwt.
- Weaned Pig Values: Varied across markets, with notable changes in pricing.
The report also covers detailed statistics on market hog sales, feeder pig values, and insights into the feed market.
For a comprehensive overview, you can access the full report here.
