US Hog Market Review for Week 36, September 8, 2025
Photo is illustrative in nature. From open sources.
Lean pork futures rose on Friday, up 87 cents to $1.05. October futures rose $1.00 last week. The USDA's report showed contract prices at $101.25, down $3.18 from the previous day. The CME Lean Hog Index rose 5 cents on September 3 to $105.97.
EXPORT sales data showed pork orders falling to 23,711 tons, down from the previous week. Mexico became the largest buyer of U.S. pork. The U.S. Department of Agriculture estimated hog slaughter at 2.319 million HEAD. This is only 73,000 head less than last week, despite the holiday Monday (slaughter increased on Saturday), and 10,979 head less than the same holiday week last year.
MEAT prices are bucking seasonal trends after Labor Day. Tighter supplies are pushing up beef and pork prices, despite the usual slowdown in demand. Reduced production, coupled with strong meat demand, is certainly putting upward pressure on prices, with supply constraints now outweighing the usual seasonal decline following Labor Day. Wholesale pork prices typically peak in the summer and decline in the fall, but this year's production remains below last year's. it appears that the higher number of piglets farrowing isn't offsetting the lower number of sows. Prices for loins and hams are declining seasonally, but ribs, briskets, and hams have risen sharply, highlighting the volatility of pork prices. With beef and pork on the rise, the next step will be higher poultry prices, especially as Thanksgiving approaches.
Probable price ranges for next week:
October lean pork futures - $92.00 to $97.05, with a linear trend
December soybean meal futures - from $272.60 to $295.00, with a linear trend
December corn futures - $4.03 1/2 to $4.24 1/4, with a linear trend
For more information on the state of the US hog market, as well as on hog and pork prices in the US (and elsewhere), please see Meatinfo.ru's weekly meat market reviews in RUSSIA and around the world.
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Average price of pigs
Negotiable price
Price in slaughter weight
Price in live weight
On a national basis LM_HG203:
-price range ($)
- weighted average price
-Change compared to the previous day
-sales volume
95.00-108.50
101.25
-3.18
1483
70.25-82.25
77.37
-0.63
1017
Iowa/Minnesota LM_HG206:
- weighted average price
101.07 (-3.56)
No data
Western Corn Belt LM_HG212:
- weighted average price
102.10 (-2.23)
No data
Eastern Corn Belt LM_HG210:
- weighted average price
99.34 (-5.63)
No data
WEEKLY WEIGHTED AVERAGE PRICE OF PIGS
Weekly estimated pig slaughter volume, thousand heads
PORK PRODUCTION
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