USA: Week 17 Pig Market Review 2023

May contracts rose 1.525 cents to 79.65 cents a pound. June - rose 1.6 cents to 91.7 cents per pound. June futures, the most active contract, rose 6.5% last week. At the same time, June contracts fell sharply on Monday, negating Friday's gains. The price was lower at the open, reaching a high at 91.425 and then moving to a low at 88.95.

American pork exports are gaining momentum in the global market. If it continues to rise, it will help pork prices rise slightly, but producers need domestic consumer demand to support prices.  

You can learn more about the state of the US pig market, as well as the prices for pigs and pork in the American (and not only) market, in the weekly reviews of the meat market in Russia and in the world from Meatinfo.ru.

Weekly reviews are available free of charge as part of a subscription to the monthly analytics of the Russian meat markets.

Average price for pigs

Negotiated price

Price in carcass weight

Price in live weight

National based LM_HG203:

-price range ($)

- weighted average. price

-Change from the day before

-volume of sales

64.00-76.00

72.85

1.18

8415

48.25-57.25

55.62

1215

Iowa/Minnesota LM_HG206:

- weighted average. price

75.59 (+0.45)

No data

Western Corn Belt LM_HG212:

- weighted average. price

75.41 (+0.30)

No data

Eastern Corn Belt LM_HG210:

- weighted average. price

No data

No data

Weekly approximate volume of slaughter of pigs, thousand heads