US Hog Market Review for Week 6, February 10, 2025

Lean pork futures closed with contracts up 20-60 cents on Friday, as February was up $3.07 for the week. The national average benchmark pork contract price was reported at $83.17 on Friday afternoon, down $3.06 from the previous day. The CME Lean Hog ​​Index settled at $85.05 on February 5, up 45 cents from the previous day.

The price of pork on a free on board basis was $1.36 higher at $97.00 per hundredweight. Loin and ribs fell, while brisket led the increase, rising $7.52. Federally inspected hog slaughter this week was estimated at 2.536 million HEAD. This is 33,000 head lower than last week due to lower slaughter on Saturday and 87,899 head lower than the same week last year.

Probable price ranges for the current week:

April Lean Pork Futures - $88.00 to $ 95.00

March soybean meal futures - $300.00 to $321.60

March corn futures - $4.80 to $5.10

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

78.50-88.00

83.17

-3.06

2842

No data

Iowa/Minnesota LM_HG206:

- weighted average price

83.02 (-3.96)

No data

Western Corn Belt LM_HG212:

- weighted average price

83.45 (-3.53)

No data

Eastern Corn Belt LM_HG210:

- weighted average price

82.96

No data

WEEKLY WEIGHTED AVERAGE PRICE OF PIGS

Weekly estimated pig slaughter volume, thousand heads

PORK PRODUCTION