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

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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My lambs are CRASHING!! ...a post lambing plot twist.

Video: My lambs are CRASHING!! ...a post lambing plot twist.

Our temps crashed last week, causing a pen of lambs to really go backwards showing signs of starvation. This means although mama had enough milk when they were first born, they've grown enough now that she can't keep up.