The U.S. pork industry started 2025 on a strong note, with increased production and higher hog prices driven by robust consumer demand. According to the latest USDA Livestock, Dairy, and Poultry Outlook, estimated federally inspected (FI) pork production in...
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For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar...
If you would like to receive more information on the commodity markets, please use the link to join our email list – Sign Up Now
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar...
To “Read” Walt’s charts, keep the following in mind:
Support – this term refers to a trend line or price area under the market which is expected to hold the market from potential decline.
Resistance- a price area or trend line...
Margins improved over the first half of February as higher hog prices more than offset the impact from rising corn costs while soybean meal traded steady. Hogs continue to be supported from slaughter and pork production running below year-ago...
Ontario Market Overview
The 100% Base Formula Price for hogs in Ontario continues its upward trend, reaching $225.99/cwt, marking a 6.98% increase from mid-January. Compared to last year, this price represents a substantial gain from $182.54/cwt.
Average dressed weight remains...
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A gap is a hole in prices which occurs when the current day’s high is below the previous day’s low or when the current days low is above the previous day’s high. Gaps indicate a sudden change of direction...
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For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar...
Hog futures experienced fluctuations this week, mirroring the steep losses seen in cattle futures, as market uncertainty continues to impact livestock markets. The Chicago Mercantile Exchange (CME) reported that while lean hog contracts attempted to hold their ground, concerns...