Weekly Hog Market Update: Price Gains and Steady Slaughter Rates Define North American Markets

Nov 18, 2024

Ontario Market Highlights: The Ontario market saw a rise in the 100% Base Formula Price, reaching $226.88, compared to $219.71 last week and significantly above last year’s price of $190.28. Weaned pig and feeder pig values are also trending upwards, now accounting for 26% and 41.25% of the Base Formula Price, respectively.

Canadian Market Overview: Quebec’s Pool Price and Manitoba’s Calculated Hog Value experienced slight increases as well, with the Canadian dollar stabilizing around 0.7188 USD. National hog slaughter numbers reached 429,756, marking a slight uptick from previous weeks but remaining below historical highs.

U.S. Market Snapshot: Federally inspected hog slaughter in the U.S. remained steady at 2.6 million, showing a 1% increase year-over-year. The USDA Pork Carcass Cutout slightly decreased to $101.59, with lean hog futures displaying moderate adjustments across contract months.

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Video: Synthetic Microbiota Explained - Dr. Alexandre Thibodeau

In this episode of The Swine it Podcast Show Canada, Dr. Alexandre Thibodeau, from the University of Montreal, explains how synthetic microbiota and bioreactor systems can help researchers study gut microorganisms, evaluate feed additives, investigate Salmonella control strategies, and develop alternatives to animal trials. Listen now on all major platforms!

"Bioreactor models can screen microbiota solutions before animal trials, lowering costs and reducing the number of pigs needed."

Meet the guest: Dr. Alexandre Thibodeau / alexandre-thibodeau-2493a540 is an Associate Professor at the University of Montreal, in Canada, with a PhD in Veterinary Science and Microbiology. His work focuses on swine gut health, food safety, microbiota research, pathogen control, and alternative research models that support animal production and welfare. His research explores innovative strategies to better understand interactions among microorganisms and to improve livestock health outcomes. Learn more from Dr. Alexandre Thibodeau on The Swine it Podcast Show Canada, available on all major platforms.