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Weekly Hog Market Update: Declines in Cash Prices and Margins Across Regions

The latest report for the week ending August 27, 2024, indicates a general decline in cash hog prices across multiple regions, with some exceptions. National cash hog prices showed mid-week increases, but overall, there was a drop of $4-$6 per hog, with BP4/TC4 experiencing nearly an $8 per hog decline. In contrast, Tyson hogs in the U.S. saw a slight increase of $0.55 per hog.

Canadian hog margins also weakened due to the decline in hog values, despite a small reduction in feed costs. The OlyW 20 hog margins saw the largest decrease, dropping by $5.30 to $53.40 per hog in profits. Meanwhile, margins in the U.S. had a mixed outcome, with Tyson hog margins slightly improving, while JM hog margins fell.

The report reflects ongoing volatility in the hog market, with regional differences impacting overall margins and profitability.

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Suffolk Ewe ADOPTS Dorset Lamb! | Sheep Farming at Ewetopia Farms

Video: Suffolk Ewe ADOPTS Dorset Lamb! | Sheep Farming at Ewetopia Farms

Suffolk ewe adopts Dorset lamb, lamb races, and moving sheep are all happening at Ewetopia Farms as we move more Dorset ewes and lambs to the Coverall. One special story today—a Suffolk ewe has adopted a Dorset lamb, showing incredible motherly love! We also check on all the growing lambs, refresh bedding to reduce condensation, and enjoy the lamb races! Plus, an update on the remaining sheep in the family groups as we await the second wave of lambing. Join us for another day of real-life sheep farming!