USA: Week 45 Pig Market Review 2021

As of November 12, 2021, the USDA reports that the average cost of half-carcasses in the US market fell by $1.64 over the week. Over the past week, there has been an increase in prices for all types of pork products, with the exception of ham and brisket.

Last week, 2,551,000 pigs were sold in the US for slaughter; a year ago - 2,694,000. This is 5.5% less. The US Department of Agriculture (USDA) report on the state of affairs in the pig industry as of September 1 showed a 6% decrease in the number of pigs in the category "below 120 pounds" (below 54 kg). These animals should go on the market somewhere by December 1 of the current year.

Over the past few days, 53-54% lean lean slaughter hog futures have fallen sharply in price. However, the liquidation of hog stocks in China and Europe, and the declining supply of slaughter hogs in the US market, will result in slaughter hog cash prices in 2022 well above what futures are currently showing. Fewer slaughter pigs - less pork - higher prices.

Some slaughter and meat processing enterprises are experiencing problems due to a lack of labor. This limits their ability to slaughter and also process carcasses for value-added products. Currently, all this has a negative impact on the price of slaughter pigs.

If you are interested in analytics, don't miss Meatinfo.ru monthly analytical reports

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

55.00-60.00

58.00

-0.26

 

6440

41.00-68.50

47.35

+1.41

 

974

Iowa/Minnesota LM_HG206:

- weighted average. price

58.02

There is no data

Western Corn Belt LM_HG212:

- weighted average. price

58.00

There is no data

Eastern Corn Belt LM_HG210:

- weighted average. price

There is no data

47.81

WEEKLY WEIGHTED AVERAGE PRICE FOR PIGS

Weekly approximate volume of slaughter of pigs, thousand heads PORK PRODUCTION

 

 

 

 

Read together with it:

  • Bloomberg узнал о планах ЕС по санкциям против российских платины и меди
    ЕС хочет ввести санкции против российских меди и платины, узнал Bloomberg. Для этого нужно согласие всех стран — членов объединения. Новый пакет ограничений в отношении Москвы могут ввести уже до конца месяца, говорится в статье Евросоюз рассматривает возможность введения санкций против российских меди и платины, передает Bloomberg. Новые ограничения, если они будут поддержаны государствами — член...
  • The Ministry of Health has approved the first permanent guidelines for the treatment of COVID-19.
    The Ministry of Health has approved the first permanent clinical guidelines for the treatment of COVID-19 , TASS reported , citing the document. The recommendations state that the source of infection can be not only an infected person, but also a person in the incubation period, as well as an asymptomatic carrier of SARS-CoV-2. “The greatest danger to others is posed by a sick person at the end of...
  • Uruguay: Meat cuts, offal, genetics, and irrigation on the agenda of the mission to China
    According to industry sources ahead of the Uruguayan delegation's visit to China, led by President Yamandu Orsi, meat industry representatives expect to return from China with agreements that will allow the import of beef cuts currently unavailable for trade with the Asian country, as well as edible offal from the digestive tract, such as tongue and glottis. There are also plans to enter into a se...
  • Argentina: Record foreign exchange earnings from exports in 2025
    Clearly, the decline in export volumes coupled with increased revenue points to a rapid improvement in the selling price of products. Using INDEC (National Institute of Statistics and Census) data, excluding possible duplication due to the inclusion of bones in meat, the average value per ton of shipped product was $5,444 . This figure, compared to the average of $ 3,931 per ton recorded the previ...
  • Reuters reported on Airbus' letter to employees about damages and future crises.
    The Airbus CEO stated that the beginning of the year has already been marked by "an unprecedented number of crises and troubling geopolitical events." Last year, he acknowledged, the company already faced losses.Airbus management has urged employees to prepare for "new crises," Reuters reports , citing an internal letter from the company's CEO, Guillaume Faury. He recalled that the manufacturer ha...
  • China's meat production will grow by 4.2% in 2025.
    China's total meat and poultry production increased by 4.2% to 100.72 million tons by the end of 2025, according to the National Bureau of Statistics (NBS). Beef production increased by 2.8% to 8.01 million tons, pork by 4.1% to 59.38 million tons, and poultry by 6.7% to 28.37 million tons. Meanwhile, mutton production decreased by 4.2% to 4.96 million tons. Milk production increased by ......
  • Argentine beef: China clarifies how the quota will work and dispels doubts in the sector
    After weeks of uncertainty, some key questions surrounding Argentina's beef export industry have begun to clear up following China's decision to impose a system of import quotas by country as part of an investigation into alleged dumping. Following a meeting on Tuesday between industry representatives and officials from the Asian country, it was confirmed that the quotas will not be managed by eit...
  • Trump said Xi Jinping asked not to call COVID a Chinese virus.
    Donald Trump and Xi JinpingChinese President Xi Jinping has asked Trump to stop using the term "Chinese virus" to refer toCOVID-19 . The US President announced this at the World Economic Forum in Davos. "I've always had a very good relationship with President Xi Jinping. It was severely disrupted by COVID," Trump noted. He added that he had previously called the pandemic the "Chinese virus,".........
  • China's exports have reached a record share of GDP growth since 1997.
    In 2025, China's economic growth was in line with government plans: GDP grew by 5%. Net exports accounted for almost a third of this figure.Net exports of goods and services drove China's GDP growth by almost 33% compared to last year, reportsBLOOMBERG . Such growth has not been seen since the Asian financial crisis of the mid-199......
  • In 2025, Russian meat exports exceeded imports by 40%.
    Poultry meat production in agricultural organizations increased to 6.85 million tons, a 2.7% increase compared to 2024. Chicken meat imports increased by 2%, with the share of supplies from China reaching 30%, while supplies from Brazil halved. Poultry meat exports continued to grow, exceeding 430,0......