USA: Week 18 Pig Market Review 2022

Pig futures on the Chicago Mercantile Exchange (CME) tumbled on Friday as investors worried about the prospect of food inflation, which will weigh heavily on US MEAT consumer demand as the summer grilling season kicks off.

The June lean hog index fell 2.975 cents to 104.100 cents a pound. Meanwhile, July hogs slipped 2.375 cents to 107.05 cents a pound, offsetting Thursday's gains.

“There are big concerns about demand right now as exports are slow and CHINA is largely out of the market,” said Don Roose, president of US Commodities in Iowa.

Pig slaughter continued to be high, with 457,000 slaughtered compared to 446,000 a week earlier and 461,000 in the same period last year.

 You can learn more about the state of the US pig market, as well as the prices for pigs and pork on the American (and not only) market, in the weekly reviews of the meat market in RUSSIA and in the world from Meatinfo.ru.

Weekly reviews are available free of charge as part of a subscription to the monthly analytics of the Russian meat markets.

Average price for pigs

Negotiated price

Price in carcass weight

Price in live weight

National based LM_HG203:

-price range ($)

- weighted average. price

-Change from the day before

-volume of sales

100.00-111.00

101.98

-1.59

6783

77.00-82.65

80.12

1770

Iowa/Minnesota LM_HG206:

- weighted average. price

109.17 (-1.05)

There is no data

Western Corn Belt LM_HG212:

- weighted average. price

109.44 (-0.42)

There is no data

Eastern Corn Belt LM_HG210:

- weighted average. price

There is no data

There is no data

WEEKLY WEIGHTED AVERAGE PRICE FOR PIGS

Weekly approximate volume of slaughter of pigs, thousand heads

PORK PRODUCTION