pigs hogs pasture
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pigs hogs pasture
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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.
Hog prices have been 18% higher on average through the summer compared to last year. Prices normally increase this time of year and then work lower beginning in October. Pork production in July was 4% lower than last year with harvest also down 4%. The average live weight of 282 was one pound lower than July 2024. The hot summer slowed gains and impacted supply somewhat. The weather likely played only a small factor in the lower production, however. Disease challenges are still impacting herds. While the June Hogs and Pigs report implied summer harvest would be unchanged from a year ago, it has been 3% lower since the beginning of June. The pork cutout averaged $113.45 last week, making it $2.92 lower. Early week activity helped erase some of the loss. The estimated weekly harvest total was 2.419 million, 11,000 more than a year ago, but 88,000 fewer than the same week last year.
