USA: Week 25 Pig Market Review 2021

As of June 25, 2021, the USDA reports that the average cost of pork products in the US market has fallen by $4.18. Over the past week, there was an increase in prices only for ham (+$2.57).

 The National Agricultural Statistics Service of the US Department of Agriculture (NASS) has released a report on the number of pigs as of June 1. The total figure was 75.653 million heads, which is 2.2% less than last year.

The number of pigs kept for breeding was 6.230 million heads (down 1.5%), which is close to industry expectations for declines (-1.4%). The number of commercial pigs amounted to 69.423 million heads, which is 2.3% less than a year ago.

Pork production continues to fall, reflecting declining pig stocks and labor shortages. Record high hog prices are likely to stimulate faster price increases, but uncertainty over feed costs could limit expansion and slow production recovery.

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

108.00-122.00

116.89

+0.70

7855

61.00-95.50

88.70

-7.48

1128

WEEKLY WEIGHTED AVERAGE PRICE FOR PIGS

Weekly approximate volume of slaughter of pigs, thousand heads

PORK PRODUCTION