Ontario hog markets continued their late-fall softening trend in the week ending November 28, with formula prices, cutouts, and feeder pig values all posting declines. Here are the key developments producers need to know.
Ontario Market Prices Slide Again
The 100% Base Formula Price dropped to $209.29/ckg, down from $218.13 the previous week — its lowest level in several weeks. Average dressed hog pricing settled at $259.22/ckg, with highs of $288.87 and lows of $226.11.
Weekly dressed weight averaged 108.54 kg, and total hog marketings reached 118,407 head, a strong figure relative to this time last year.
Weaned and feeder pig prices softened alongside formula declines:
Weaned pigs: $54.42
Feeder pigs: $86.33
Canadian Slaughter Strong; Provincial Prices Ease
Canadian hog slaughter remained robust at 456,721 head, well above year-ago levels.
Provincial prices reflected the broader softness:
Quebec Pool: $205.10/ckg
Manitoba Hog Value: $229.20/ckg
The Canadian dollar strengthened to US$0.7154, its firmest close in several weeks.
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