US: 21-Week Pork Market Outlook May 27, 2024

The monthly cold storage report showed a slight increase in April pork inventories, up 1.19% month over month at 501.279 million pounds. That's down 11.66% from a year ago, compared with a 13.26% year-over-year decline at the end of March.

The national hog carcass price rose 45 cents Friday afternoon to $99.14. The USDA estimates that federally inspected hog slaughter on Friday was 451,000 HEAD, and total hog slaughter through Saturday was 2.373 million head. This is 31,000 fewer head than the previous week, but 17,942 more than the same week last year.

You can learn more about the state of the pig market in the usa, as well as about 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.

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Average price for pigs

Negotiated price

Price in slaughter weight

Price in live weight

On a national basis LM_HG203:

-price range ($)

- weighted average. price

-Change from the day before

-volume of sales

86.00-88.00

86.64

-1.63

1317

56.00-70.05

66.70

808

Iowa/Minnesota LM_HG206:

- weighted average. price

No data

No data

Western Corn Belt LM_HG212:

- weighted average. price

86.20 (-2.43)

No data

Eastern Corn Belt LM_HG210:

- weighted average. price

No data

No data

WEEKLY WEIGHTED AVERAGE PRICE FOR PIGS

Weekly approximate volume of pig slaughter, thousand heads

PORK PRODUCTION