Weekly Regional Hog Price Report – November 5, 2024

Nov 18, 2024

Weekly Hog Prices: Cash hog prices increased significantly across all markets as the counter-seasonal rally continues. National PM prices over the 5-day week averaged a gain of $5.69 US per cwt, although Friday-to-Friday values were only $3.40 higher as the market peaked mid-week and declined on Thursday and Friday. CME cash prices saw a weekly average increase of $2.64 but ended Friday over Friday up by $3.83 US/cwt. Wholesale pork primals continued their strong performance, ending $5.03 higher, over 5% above the previous week. The cutout closed the week at $103.97, marking the highest weekly price since early August.

Canadian Hog Prices: Higher Canadian hog prices persisted, supported by a robust U.S. cash hog market and a stronger Canadian exchange rate. ML Sig 4 posted a gain of $5.58 per hog from the previous week, Hylife recorded a $9.49 increase, and Olymel saw rises of $5.21 (OlyW21) and $4.56 (OlyW20). In the U.S., Tyson hogs experienced a significant gain of $9.59 per hog, while JM hogs increased by $11.96 US per hog.

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Video: Wisconsin Corn and Soybean Weed Management Updates and Considerations for 2026 and Beyond

Dr. Rodrigo Werle, associate professor and extension weed scientist, UW–Madison, shares the latest updates and future considerations for corn and soybean weed management in Wisconsin. This presentation covers herbicide resistance trends in waterhemp, including newly confirmed cases of HPPD and S-metolachlor resistance, and emphasizes the importance of residual herbicides and strategic tank mixes for consistent control. Rodrigo also introduces upcoming technologies like Vyconic soybeans and new herbicide products, discusses integrated weed management strategies such as planting green with cover crops, and highlights practical recommendations for 2026 and beyond.

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