Ontario hog prices continued to show stability heading into mid-May, as producers navigated softer feed markets, mixed U.S. slaughter trends, and continued support from summer lean hog futures.
The Ontario 100% Base Formula Price closed the week ending May 15 at $224.69/cwt, remaining relatively unchanged from recent weeks despite ongoing volatility across broader agricultural markets. While the current value sits slightly below year-ago levels, the consistency in pricing reflects a market that continues to balance strong pork demand with ample North American hog supplies.
Ontario market hog sales remained solid at 117,570 head, representing 102% of the previous year. Dressed weights also continued to trend slightly lower at 106.85 kg, which may signal tighter market-ready inventories moving into the summer months.
Across Canada, slaughter volumes stabilized near year-ago levels while the Canadian dollar weakened to $0.7272 USD, helping maintain export competitiveness for Canadian pork into the U.S. and international markets.
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