Hog slaughter was lower than the previous week but for the next 6-7 weeks slaughter should hover around 2.6 million head, helping bolster supply and pressure prices lower. Futures were lower earlier in the week, largely a knee-jerk reaction...
Futures have rallied the last two weeks as market participants now expect Q4 production to be less than previously thought. USDA ‘Hogs and Pigs’ survey suggested Sep-Nov slaughter could be up as much as 4% y/y. Instead slaughter since...
USDA thinks pork production in 2025 will increase 1.7% from a year ago. Lower feed costs should help bolster production, but much will depend on the breeding herd in September and December as productivity rate returns to long term...
Pork/Hogs: The first-quarter commercial pork production is raised 30 million pounds to 7.2 billion pounds on higher-than-expected February production. Total 2024 commercial pork production is expected to be 27.9 billion pounds, up 2.2 percent from a year ago. Live
equivalent...
USDA thinks that pork production in 2024 will be up 1.9% from 2023 despite talk/expectation for a smaller breeding herd. For now it appears USDA thinks productivity gains will more than offset the decline in the breeding herd.
Steiner and...
The U.S. pork industry started 2025 on a strong note, with increased production and higher hog prices driven by robust consumer demand. According to the latest USDA Livestock, Dairy, and Poultry Outlook, estimated federally inspected (FI) pork production in...
The USDA's December Quarterly Hogs and Pigs report, released on December 23, 2024, provides a comprehensive look at the current state of the U.S. pork industry and its outlook for 2025. The report reveals a steady industry with notable...
The USDA's latest World Agricultural Supply and Demand Estimates report offers detailed insights into the pork and hog markets for 2024 and 2025.
Pork Production:
2024: Pork production is forecasted to increase due to higher weights in the second half...
Paul Anderson, Genesus Southeast Asia
Paul.Anderson_GenesusSoutheastAsia@outlook.com
The Philippines
Overview
As of 31 March 2024, the country's swine inventory was estimated at 9.96 million heads. This was 2.5 percent lower than the previous year's same-period count of 10.21 million heads. About 70.4 percent of...
Ontario Market:
Base Formula Price: Decreased from $227.46 (June 14) to $218.33 per ckg.
Previous Year's Price: $238.86 per ckg.
Average Price: $255.12 per ckg.
Low Price: $231.70 per ckg.
High Price: $278.50 per ckg.
Weekly Average Dressed Weight:...