Ontario Market
- 100% Base Formula Price: $216.08 per ckg (up from $212.26 last week)
- Average Price (Dressed Weight Total Value): $249.28 per ckg
- Market Hogs Sold: 121,964 (103% of last year’s sales)
- Weaned Pig Value: $56.18 per pig
- Feeder Pig Value: $89.13 per pig
Canadian Market
- Quebec Pool Price: $210.84 per ckg
- Manitoba Calculated Hog Value: $222.39 per ckg
- Canadian Dollar Value (USD): $0.6904 (down from last week’s $0.6975)
- Hog Slaughter (Provincial & Federal): 421,856 (95% of last year)
U.S. Market
- Federally Inspected Slaughter: 2,574,000 head (95% of last year)
- Sow Slaughter: 66,886 head (up 16.5% from last year)
- Early Weaned Pig Prices:
- Weighted Avg: $81.08 per pig
- Formula-Based: $76.14 per pig
- Cash-Based: $85.05 per pig
- 40 lb Feeder Pig Price: $107.74 per pig (up from $107.00 last week)
- CME Lean Hog Futures:
- February 2025: $84.18 per cwt
- April 2025: $90.35 per cwt
- June 2025: $103.00 per cwt
- USDA Pork Carcass Cutout Value: $93.40 per cwt (up from $91.35 last week)
Ontario Feed Market
- Chicago Corn: $4.79 per bushel (slightly down from $4.8650 last week)
- Soybean Meal (Hamilton): $513.80 per tonne
- Western Ontario Feed Corn: $267.05 per tonne
- DDGS FOB Sarnia/Aylmer: $255.00 per tonne
U.S. Imports from Canada
- Feeder Pigs: 109,511 head
- Market Pigs: 35,722 head
- Sows & Boars for Slaughter: 6,611 head
Key Takeaways:
- Ontario hog prices saw a modest increase compared to the previous week.
- The U.S. sow slaughter rose significantly (+16.5%) compared to last year.
- Early weaned pig and feeder pig prices continue to trend upward.
- The Canadian dollar weakened, which may influence export competitiveness.
For more insights, visit Swine Web.
