USA: Pork market review for week 33 from August 19, 2024
Photo is illustrative in nature. From open sources.
“Pigs are fluctuating a lot,” said Darin Fessler, a trader at Lakefront Futures. -“It will be very difficult for pigs to be strong without strong cows. Will consumers also give up pork and switch to chicken?”
And although inflation has fallen, consumers are resisting high prices by hunting for bargains, cutting back on purchases and switching to cheaper substitutes.
“In general, the ability to go to restaurants has decreased. People are becoming more careful about what they spend their money on,” Fessler said. “This rollback is what’s really worrying.”
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
-sales volume
80.00-84.75
83.00
-2.31
1112
53.50-67.80
62.89
1120
Iowa/Minnesota LM_HG206:
- weighted average. price
83.05 (-3.01)
No data
Western Corn Belt LM_HG212:
- weighted average. price
83.00 (-2.75)
No data
Eastern Corn Belt LM_HG210:
- weighted average. price
No data
62.86
WEEKLY WEIGHTED AVERAGE PRICE FOR PIGSWeekly approximate volume of pig slaughter, thousand heads
PORK PRODUCTION
Read together with it:
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