
Traders were also awaiting the USDA's quarterly Hogs and Pigs report , which they expect to show fewer hogs than in the same period last year.
But NASS's quarterly Hogs & Pigs report showed all hog inventories up 0.33% in early June to 75.137 million HEAD. That beat analyst estimates of a 0.4% drop from a year ago. Market hogs were up 0.4%, while breeding hogs were down 0.48%. March-May farrowings were down 0.45% to 2.907 million head. March-May hog harvest was up 1.27% year over year to 34.171 million head.
Probable price ranges for next week:
August Lean Pork Futures $108.45-$115.00
July Soybean Meal Futures $270.00 to $290.00
July Corn Futures $4.00-$4.25
You can learn more about the state of the pig market in the usa, as well as about the prices of pigs and pork on the American (and other) market in the weekly reviews of the MEAT market in RUSSIA and in the world from Meatinfo.ru.
Weekly reviews are available with a subscription.
Average price of pigs
Negotiable price
Price in slaughter weight
Price in live weight
On a national basis LM_HG203:
-price range ($)
- weighted average price
-Change from the day before
-sales volume
100.00-110.00
108.09
+0.09
1449
73.75-84.95
80.22
869
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 WEIGHTED AVERAGE PRICE OF PIGS
Weekly approximate volume of pig slaughter, thousand heads
PORK PRODUCTION