
Lean hog futures rose 22 cents to 62 cents across all contracts Friday, while the August contract was still down $1.35 this week. The USDA National Benchmark Pork Price was down $2.76 from the previous day at $108.91 Friday afternoon. The CME Lean Hog Index was down 14 cents at $110.37 on July 30.
The USDA reported FOB pork at $116.94 per hundredweight (carcass weight). Only premium hams were down, while brisket was up $8.72. The USDA estimated hog slaughter at 2.336 million HEAD, up 6,000 head from last week but down 6,879 head from the same week last year.
Probable price ranges for next week:
August Lean Pork Futures $105.00-$110.00, Down
September Soybean Meal Futures $250.00-$275.00, Down
December Corn Futures $4.00-$4.20, Down
You can learn more about the state of the pig market in the usa, as well as about the prices of pigs and pork on the American (and other) market in the weekly reviews of the MEAT market in RUSSIA and in the world from Meatinfo.ru.
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Average price of pigs
Negotiable price
Price in slaughter weight
Price in live weight
On a national basis LM_HG203:
-price range ($)
- weighted average price
-Change from the day before
-sales volume
98.00-114.50
108.91
-2.76
1560
No data
Iowa/Minnesota LM_HG206:
- weighted average price
107.65 (-4.17)
No data
Western Corn Belt LM_HG212:
- weighted average price
109.15 (-2.67)
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