The United States Department of Agriculture released its National Daily Hog and Pork Summary on April 17, providing updated pricing and production figures for the livestock industry.
This report is important for producers, processors, and traders who rely on timely market information to make decisions in the grain and agriculture sector. Accurate data helps stakeholders track trends in pricing, supply levels, and demand across different regions.
According to the USDA Livestock, Poultry & Grain Market News report from Des Moines, Iowa, the weighted average negotiated barrow and gilt carcass base price was $110 per hundredweight with a live price of $120. The national range varied between $88.00 to $91.00 for carcass prices and $60.00 to $73.00 for live prices. Head counts reported were 1,738 for carcass-based transactions and 1,222 for live sales.
Regional summaries showed that Iowa/Minnesota had unreported weighted averages due to confidentiality rules but listed base prices at $80 and $70 respectively. The Eastern Cornbelt’s weighted average was reported at $72.49 with a change from the prior day of $3.32.
Carcass cutout values reached 99.20 with a change of 2.52 while primal loin stood at 90.55 after increasing by 3.60 points; other primal cuts such as butt (121.19), picnic (71.80), rib (170.67), ham (90.42), and belly (139.43) were also detailed in the summary.
The estimated daily hog slaughter totaled 457,000 head with Saturday’s estimate at 77,000 head; weekly estimates reached over two million head compared to similar periods last week or year as reported by USDA figures.
Waitt Grain Company operates in this sector by concentrating on market information services within grain and agriculture according to the official website. The company provides market quotes on commodities like corn, soybeans, wheat as well as weather updates and mobile alerts according to the official website. Waitt Grain Company shares resources with Waitt Trucking according to the official website.
Based primarily in Sheridan area of Indiana according to the official website, Waitt Grain Company maintains its headquarters at 22755 Six Points Road in Sheridan according to the official website.
