Compiled by Jaydee Smith, OMAFRA Swine Specialist
Market Overview:
May 2025 delivered strong returns for Ontario hog producers, with increased prices and solid marketing numbers.
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100% Formula Price: $229.14/cwt
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Average Market Price: $265.21/cwt
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High Price: $291.04/cwt
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Low Price: $229.58/cwt
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Market Hogs Sold: 551,920 head
– Up 5.3% compared to May 2024 -
Average Carcass Weight: 106.12 kg
Weaned & Feeder Pigs:
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Weaned Pig Price (5 kg): $59.58
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Feeder Pig Price (25 kg): $94.52
Profitability (Farrow to Finish):
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Market Hog Value: $272.15/pig
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Total Costs: $234.37/pig
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Net Return: $37.78/pig
– One of the strongest returns in 2025 to date
Feed & Input Costs:
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Corn (farm price): $234.41/tonne
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Soybean Meal (Hamilton): $474.67/tonne
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DDGS: $253.00/tonne
Canadian Dollar:
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Exchange Rate: $0.7214 USD
– Down slightly from the same month last year ($0.7315)
Prime Interest Rate:
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Held steady at 4.95%
Summary:
May saw a notable rise in profitability for Ontario producers, driven by higher market prices and stable feed costs. Strong year-over-year marketings and steady carcass weights reflect continued momentum in the sector.
For full data and ongoing updates, visit: onswine.wordpress.com
