Prepared and written by Jeff Swenson, DATCP Livestock and Meat Specialist. The Market Update draws information from several sources, including trade publications, radio broadcasts, agricultural news services, individuals involved in the industry as well as USDA NASS and AMS reports.
The pork cutout value continues to bump against the $100 level of resistance. The value rose $1.24 last week to average $99.86. Cash hogs were 67 cents higher with a base carcass price of $89.64. Last week’s WASDE report left projected U.S. pork production unchanged from the last report at 28.23 billion pounds. If realized, this would be 2.5% more pork than 2025. Hog harvest last week was estimated to be 2.532 million, 44,000 more than the previous week and 31,000 more than last year. Forty-pound feeder pigs averaged $126.06/head last week, making them nearly $3 higher. Weaned pigs were lower, averaging $87.01/head.
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