Eastern Cornbelt barrows and gilts traded 0.56 higher on a carcass basis. Plant delivered carcass base price on Friday was 72.00-79.40 with a weighted average of 79.30. Illinois direct barrows and gilts traded 1.00 higher at 56.00-58.00. The pork carcass cutout value compared to last Thursday was 0.63 lower at 93.73. Estimated slaughter receipts under Federal Inspection through the first four days of the week were at 1,640,000 compared with 1,618,000 last week and 1,694,000 last year.
IL Direct sows traded 2.00 to 3.00 higher. Demand was light to moderate. Offerings were moderate. Better than expected cutout values and improved weather conditions combined to support hog prices. The slaughter receipts for the week totaled 5,274 this week compared to 4,651 last week and 5,061 last year.
Weekly averages for sows: US grade 1-3 300-400 lbs 55.00; 400-500 lbs 58.00; 500-600 lbs 60.00; over 600 lbs 61.50. Boars: under 300 lbs 38.50; over 300 lbs 15.00.
Eastern Cornbelt Direct Feeder Pigs: Early weaned and feeder pigs traded steady to firm. Demand was moderate for moderate offerings. Receipts included 73% formulated prices.
Click Here to full Report
Source: Illinois Department of Agriculture