The USDA's December Quarterly Hogs and Pigs report, released on December 23, 2024, provides a comprehensive look at the current state of the U.S. pork industry and its outlook for 2025. The report reveals a steady industry with notable...
Ontario Market
100% Base Formula Price: $211.20/cwt (steady compared to last week but down from $221.16 in December).
Average Dressed Weight: Increased to 110.39 kg, reflecting seasonal trends.
Market Hogs Sold: 117,323, representing 96% of the previous year's volume.
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Market showing signs of a change of direction. Outside days, reversals, & breaking trend lines could contribute evidence of the turn. Increasing volume would confirm the change whereas decreasing volume would indicate the move is temporary.
Walt Breitinger, Commodity Futures...
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The U.S. Bureau of Labor Statistics recently reported a 1.6% decrease in the Producer Price Index (PPI) for pork in December 2024. This decline follows broader economic trends, raising questions about how the swine industry will adapt. For pork...
Regional Hog Price Report: June 26
The latest Regional Hog Price Report provides a comprehensive overview of hog market trends, examining regional price fluctuations, market drivers, and key challenges impacting producers. The report sheds light on the performance of different...
The latest Weekly Hog Market Facts, compiled by Jaydee Smith, Swine Specialist with OMAFRA, highlight key trends and developments in the Ontario, Canadian, and U.S. markets for the week ending January 10, 2025:
Ontario Market
Base Formula Price: Dropped to...
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For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar...
James Mintert and Michael Langemeier, Purdue Center for Commercial Agriculture
A breakdown on the Purdue/CME Group Ag Economy Barometer December results can be viewed at https://purdue.ag/barometervideo. Find the audio podcast discussion for insight on this month’s sentiment at https://purdue.ag/agcast.
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The latest hog market data reveals both opportunities and challenges across the Canadian and U.S. markets. Below are the highlights for producers to consider:
Canadian Market Overview
Ontario Base Formula Price: Slight dip to $218.23/cwt compared to $221.16/cwt the previous...