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The Pork Report: Hog Slaughter Totals Dip, Lean Hogs Inch Higher

| Updated: 03/23/2011

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Lean hogs ended higher on Thursday, finishing the day up $0.28 to $80.28. Grains also improved. Soybean meal was the biggest gainer, jumping $2.00 to $385.30.

Rib, ham and belly were the only primate values to gain, improving by $2.11, $0.37 and $2.55 respectively. Loin saw the biggest drop, falling $2.16 to $99.04. Hog slaughter totals dropped by 4,000 to 419,000.

Swine Board

Futures Prices	Fri Jan 14	Mon Jan 17	Tue Jan 18	Wed Jan 19	Thu Jan 20	Change	Report
Pork Bellies	106.00	106.00	106.00	106.00	106.00	0.00	Report
Corn	6.49	6.49	6.60	6.41	6.54	0.13	Report
Lean Hogs	79.53	79.53	80.48	80.00	80.28	0.28	Report
Wheat	7.73	7.73	7.93	7.97	8.04	0.07	Report
Soybeans	14.23	14.23	14.13	14.12	14.14	0.02	Report
Soybean Meal	388.10	388.10	383.40	383.30	385.30	2.00	Report
Soybean Oil	6.49	6.49	6.60	6.41	6.54	0.13	Report
Primal Cutout Values	Fri Jan 14	Mon Jan 17	Tue Jan 18	Wed Jan 19	Thu Jan 20	Change	Report
Carcass	84.20	84.93	85.06	86.01	85.95	-0.06	Report
Loin	97.52	100.53	99.90	101.20	99.04	-2.16	Report
Butt	92.43	92.79	94.33	93.93	93.15	-0.78	Report
Pic	64.19	64.28	64.46	64.68	64.40	-0.28	Report
Rib	139.70	140.18	141.62	142.08	144.19	2.11	Report
Ham	66.92	66.55	66.66	67.88	68.25	0.37	Report
Belly	108.34	108.34	108.48	110.88	113.43	2.55	Report
Loads	63	19	92	85	92	7	Report
Livestock Slaughter	Fri Jan 14	Mon Jan 17	Tue Jan 18	Wed Jan 19	Thu Jan 20	Change	Report
Hogs	424,000	408,000	360,000	423,000	419,000	-4,000	Report
Cattle	128,000	123,000	125,000	125,000	126,000	1,000	Report
National Direct Prices: Barrows & Gilts (Carcass Basis)	Fri Jan 14	Mon Jan 17	Tue Jan 18	Wed Jan 19	Thu Jan 20	Change	Report
National	72.60	72.49	73.24	73.00	74.45	1.45	Report
Iowa / Minnesota	73.42	73.46	74.27	74.02	75.02	1.00	Report
Western Cornbelt	73.32	73.12	74.20	73.90	74.98	1.08	Report
Eastern Cornbelt	71.78	71.78	71.82	71.95	73.84	1.89	Report
National Direct Prices: Barrows & Gilts (Live Basis)	Fri Jan 14	Mon Jan 17	Tue Jan 18	Wed Jan 19	Thu Jan 20	Change	Report
National	56.95	56.50	55.74	56.90	57.95	1.05	Report
Iowa / Minnesota	56.93	56.76	55.11	56.04	57.33	1.29	Report
Western Cornbelt	56.68	56.70	54.77	56.13	57.26	1.13	Report
Eastern Cornbelt	57.17	56.21	56.40	57.22	58.09	0.87	Report
U.S. Slaughter Sows	Fri Jan 14	Mon Jan 17	Tue Jan 18	Wed Jan 19	Thu Jan 20	Change	Report
300-450 lbs	44.34	45.73	45.57	44.29	45.20	0.91	Report
450-500 lbs	49.11	49.11	49.93	48.52	48.52	0.00	Report
500-550 lbs	50.88	50.57	50.84	50.96	50.28	-0.68	Report
550 and up	50.88	51.71	51.89	51.50	51.36	-0.14	Report
Volume By Purchase Type	Fri Jan 14	Mon Jan 17	Tue Jan 18	Wed Jan 19	Thu Jan 20	Change	Report
Negotiated	17,604	11,561	16,892	10,384	27,012	16,628	Report
Other Market Formula	23,236	23,274	19,693	22,382	29,146	6,764	Report
Swine Or Pork MF	88,848	107,133	76,833	71,238	66,580	-4,658	Report
Other	64,465	62,151	35,239	41,755	37,601	-4,154	Report
Packer Sold	2,549	5,789	3,236	2,989	2,491	-498	Report

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The Pork Report: Hog Slaughter Totals Dip, Lean Hogs Inch Higher

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