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: Genetic Resistance to Post-Weaning Diarrhea - Dr. Vahab Farzan

In this episode of The Swine it Podcast Show, Dr. Vahab Farzan from the University of Guelph explains why post-weaning diarrhea remains a major challenge for swine production. He discusses genetics, gut microorganisms, immunity, diagnostics, and targeted vaccination strategies to improve disease prevention. Listen now on all major platforms!

“Some pigs are genetically resistant to pathogenic E. coli because they lack the specific receptors required for bacterial attachment.”

Meet the guest: Dr. Vahab Farzan / vahab-farzan-b076445 is a Research Scientist, Adjunct Professor, and Associated Graduate Faculty at the University of Guelph. With a DVM, MSc, and PhD, Dr. Farzan's research focuses on infectious diseases in swine, including bacterial pathogens, gut microorganisms, epidemiology, and strategies to improve animal health. Learn more from Dr. Vahab Farzan on The Swine it Podcast Show, available on all major platforms.