The Pork Report: Lean Hogs Climb, Wheat Tumbles

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Hog slaughter total drops by 20,000 while lean hogs climb by $0.27 to $79.70, which is $0.08 below the high for the year. Wheat drops, and other grains improve. Soybean meal was the biggest gainer, increasing by $7.70 to $366.80.

Ham falls $0.21 to $64.84. Butt and rib improved the most of the primal cutouts, jumping $4.56 and $3.56 respectively. Loads increased by 14 to 72. The national direct price for barrows & gilts carcass drops by $0.25 to $70.27.


Swine Board
 

Futures PricesTue
Jan 04
Wed
Jan 05
Thu
Jan 06
Fri
Jan 07
Mon
Jan 10
ChangeReport
  Pork Bellies106.00106.00106.00106.00106.000.00Report
  Corn6.096.196.025.956.070.12Report
  Lean Hogs77.3078.0379.7879.4379.700.27Report
  Wheat7.898.087.897.747.67-0.07Report
  Soybeans13.6113.8613.7013.5813.730.15Report
  Soybean Meal364.70369.30365.20359.10366.807.70Report
  Soybean Oil6.096.196.025.956.070.12Report
Primal Cutout ValuesTue
Jan 04
Wed
Jan 05
Thu
Jan 06
Fri
Jan 07
Mon
Jan 10
ChangeReport
  Carcass77.4677.9578.1478.5579.661.11Report
  Loin86.7287.7589.8188.3590.021.67Report
  Butt81.4082.5984.1185.2589.814.56Report
  Pic61.0060.9861.2561.2162.241.03Report
  Rib125.51127.98129.03130.56134.123.56Report
  Ham66.3566.2964.0165.0564.84-0.21Report
  Belly98.3098.4098.40100.45100.450.00Report
  Loads14353109587214Report
Livestock SlaughterTue
Jan 04
Wed
Jan 05
Thu
Jan 06
Fri
Jan 07
Mon
Jan 10
ChangeReport
  Hogs422,000421,000424,000416,000396,000-20,000Report
  Cattle127,000124,000127,000120,000119,000-1,000Report
National Direct Prices: Barrows & Gilts (Carcass Basis)Tue
Jan 04
Wed
Jan 05
Thu
Jan 06
Fri
Jan 07
Mon
Jan 10
ChangeReport
  National69.4971.2270.9970.5270.27-0.25Report
  Iowa / Minnesota69.7772.0971.9070.6770.59-0.08Report
  Western Cornbelt69.5271.7871.5870.5270.45-0.07Report
  Eastern Cornbelt69.4070.7970.2970.5270.01-0.51Report
National Direct Prices: Barrows & Gilts (Live Basis)Tue
Jan 04
Wed
Jan 05
Thu
Jan 06
Fri
Jan 07
Mon
Jan 10
ChangeReport
  National53.6754.1655.0154.3154.570.26Report
  Iowa / Minnesota53.4354.2355.2253.3454.691.35Report
  Western Cornbelt53.3753.8255.1853.4254.591.17Report
  Eastern Cornbelt54.0654.4154.7754.6054.56-0.04Report
U.S. Slaughter SowsTue
Jan 04
Wed
Jan 05
Thu
Jan 06
Fri
Jan 07
Mon
Jan 10
ChangeReport
  300-450 lbs46.3045.5145.2143.9443.86-0.08Report
  450-500 lbs49.7049.6449.3549.2049.680.48Report
  500-550 lbs51.0750.6050.5250.6651.210.55Report
  550 and up52.7850.9151.7451.6951.65-0.04Report
Volume By Purchase TypeTue
Jan 04
Wed
Jan 05
Thu
Jan 06
Fri
Jan 07
Mon
Jan 10
ChangeReport
  Negotiated15,75124,00516,73911,59013,6732,083Report
  Other Market Formula12,53515,03519,29120,69540,71520,020Report
  Swine Or Pork MF69,59574,26267,73587,56472,770-14,794Report
  Other35,23339,77536,52966,32357,990-8,333Report
  Packer Sold2,0142,2142,4942,3805,3652,985Report


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