Weekly Hog Market Summary – Week Ending July 18, 2025

Ontario Market Highlights:

  • 100% Base Formula Price: $267.29/ckg (up slightly from last week’s $265.71)

  • Average Price (DW): $298.55/ckg

  • High Price (DW): $311.12/ckg

  • Market Hogs Sold: 109,217 (100% of previous year’s level)

  • Weaned Pig Value: $69.50 CAD/pig

  • Feeder Pig Value: $110.26 CAD/pig

Canadian Market Overview:

  • Quebec Pool Price: $245.20/ckg

  • Manitoba Hog Value: $266.11/ckg

  • Hog Slaughter (National): 413,429 head (101% of previous year)

  • Canadian Dollar (vs USD): $0.7289

U.S. Market Snapshot:

  • Federally Inspected Slaughter: 2.34 million head (99% of previous year)

  • Early Weaned Pigs (Weighted Avg): $56.76 USD/pig

  • 40 lb Feeder Pigs (Cash Avg): $76.44 USD/pig

  • CME Lean Hog Futures (August 2025): $106.48 USD/cwt

  • USDA Pork Cutout Value: $115.34 USD/cwt

Feed & Input Costs (Ontario):

  • Corn (Sep ‘25, Chicago): $4.0850 USD/bushel

  • Soybeans (Nov ‘25, Chicago): $10.3575 USD/bushel

  • Soybean Meal (Hamilton): $427.70 CAD/tonne

  • DDGS (Sarnia/Aylmer): $230 CAD/tonne

Trade & Movement:

  • Feeder Pig Imports from Canada to U.S.: 122,879 pigs (largest share via Montana & North Dakota)

  • Market Pig Imports: 19,911 pigs

  • Sow & Boar Imports for Slaughter: 4,562 head


💬 Key Takeaways:

  • Ontario market prices remain stable with slight increases.

  • Canadian slaughter numbers are holding above 2024 levels.

  • U.S. feeder pig cash prices softened slightly, while early-weaned prices strengthened.

  • Feed costs in Ontario show moderate fluctuation, with DDGS holding steady at $230/tonne.

👉 Stay tuned on Swine Web for weekly updates, market analysis, and insights driving pork production decisions.