The Pork Report: Hog Slaughter Totals Tumble, Lean Hogs Improve

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Hog slaughter totals plummeted on Tuesday, tumbling 48,000 to 360,000. Lean hogs had a better day, increasing by $0.95 to $80.48 after falling for the last three days. Pork bellies remain unchanged at $106.00 for the twelfth consecutive day.

Grain futures were mixed, with corn, wheat and soybean oil improving by $0.11, $0.20 and $0.11 respectively. Soybean meal saw the biggest loss, sinking $4.70 to $383.40 following a four-day rally. Butt and rib made the greatest improvements of the primal values, increasing by $1.54 and 1.44 respectively. Loin was the only primal value to drop.


Swine Board
 

Futures PricesWed
Jan 12
Thu
Jan 13
Fri
Jan 14
Mon
Jan 17
Tue
Jan 18
ChangeReport
  Pork Bellies106.00106.00106.00106.00106.000.00Report
  Corn6.316.436.496.496.600.11Report
  Lean Hogs81.1380.3079.5379.5380.480.95Report
  Wheat7.717.847.737.737.930.20Report
  Soybeans14.0914.1014.2314.2314.13-0.10Report
  Soybean Meal377.40378.60388.10388.10383.40-4.70Report
  Soybean Oil6.316.436.496.496.600.11Report
Primal Cutout ValuesWed
Jan 12
Thu
Jan 13
Fri
Jan 14
Mon
Jan 17
Tue
Jan 18
ChangeReport
  Carcass82.1883.7984.2084.9385.060.13Report
  Loin93.3097.9997.52100.5399.90-0.63Report
  Butt92.0593.0192.4392.7994.331.54Report
  Pic63.6063.9064.1964.2864.460.18Report
  Rib134.94137.48139.70140.18141.621.44Report
  Ham64.7965.5866.9266.5566.660.11Report
  Belly108.43108.34108.34108.34108.480.14Report
  Loads597563199273Report
Livestock SlaughterWed
Jan 12
Thu
Jan 13
Fri
Jan 14
Mon
Jan 17
Tue
Jan 18
ChangeReport
  Hogs391,000416,000424,000408,000360,000-48,000Report
  Cattle126,000119,000128,000123,000125,0002,000Report
National Direct Prices: Barrows & Gilts (Carcass Basis)Wed
Jan 12
Thu
Jan 13
Fri
Jan 14
Mon
Jan 17
Tue
Jan 18
ChangeReport
  National71.1072.7972.6072.4973.240.75Report
  Iowa / Minnesota71.8973.4773.4273.4674.270.81Report
  Western Cornbelt71.6073.3773.3273.1274.201.08Report
  Eastern Cornbelt70.4272.0871.7871.7871.820.04Report
National Direct Prices: Barrows & Gilts (Live Basis)Wed
Jan 12
Thu
Jan 13
Fri
Jan 14
Mon
Jan 17
Tue
Jan 18
ChangeReport
  National55.4657.0356.9556.5055.74-0.76Report
  Iowa / Minnesota55.0257.5956.9356.7655.11-1.65Report
  Western Cornbelt54.5657.5156.6856.7054.77-1.93Report
  Eastern Cornbelt55.8956.8157.1756.2156.400.19Report
U.S. Slaughter SowsWed
Jan 12
Thu
Jan 13
Fri
Jan 14
Mon
Jan 17
Tue
Jan 18
ChangeReport
  300-450 lbs44.5945.0144.3445.7345.57-0.16Report
  450-500 lbs49.3449.1449.1149.1149.930.82Report
  500-550 lbs50.5751.1250.8850.5750.840.27Report
  550 and up51.5551.2950.8851.7151.890.18Report
Volume By Purchase TypeWed
Jan 12
Thu
Jan 13
Fri
Jan 14
Mon
Jan 17
Tue
Jan 18
ChangeReport
  Negotiated13,06829,66417,60411,56116,8925,331Report
  Other Market Formula32,45626,57223,23623,27419,693-3,581Report
  Swine Or Pork MF74,76974,68188,848107,13376,833-30,300Report
  Other41,70537,45264,46562,15135,239-26,912Report
  Packer Sold3,1141,6152,5495,7893,236-2,553Report



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