US Hog Market Review Week 2, January 12, 2026

US Hog Market Review Week 2, January 12, 2026
Photo is illustrative in nature. From open sources.

CFTC data on Friday afternoon showed that fund managers added 2,937 contracts to their net long positions in lean pork futures and options as of January 6, bringing the net long position to 81,858 contracts.

According to the USDA, the price of hog carcasses rose $1.53 to $92.32 per hundredweight on Friday evening. Prices increased across all major cuts. The USDA estimated the number of hogs slaughtered at 2.683 million, up 149,191 head from the same week last year.

Probable price ranges for the current week:

February Lean Pork Futures - $84.00 to $87.00, Upward

March soybean meal futures are $297.00 to $310.00, with a downward trend.

March corn futures - $4.34 1/2 to $4.53, sideways

For more information on the state of the US hog market, as well as on hog and pork prices in the US (and elsewhere), please see Meatinfo.ru's weekly meat market reviews in Russia and around the world.

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Average price of pigs

Negotiable price

Price in slaughter weight

Price in live weight

On a national basis LM_HG203:

-price range ($)

- weighted average price

-Change compared to the previous day

-sales volume

65.00-73.00

68.08

-1.29

1026

45.75-57.70

52.25

-0.40

976

Iowa/Minnesota LM_HG206:

- weighted average price

No data

No data

Western Corn Belt LM_HG212:

- weighted average price

No data

No data

Eastern Corn Belt LM_HG210:

- weighted average price

No data

No data

Weekly estimated pig slaughter volume, thousand heads

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