The United States Department of Agriculture released its National Daily Hog and Pork Summary on May 21, providing updated data on hog prices, pork values, and slaughter numbers across key regions.
The summary offers insight into current market conditions for producers, processors, and stakeholders in the livestock sector. It includes weighted average prices for negotiated barrow and gilt carcasses as well as live prices at major reporting locations.
According to the report, the national weighted average carcass base price was $93.58 per hundredweight with a change of minus $0.18 from the prior day. In Iowa/Minnesota, the weighted average was $92.98 per hundredweight with a decrease of $1.74 from the previous day. The Western Cornbelt reported a weighted average of $93.58 per hundredweight with a drop of $0.59 from earlier figures; Eastern Cornbelt figures were not reported due to confidentiality restrictions.
Pork cutout values also saw modest changes: the national carcass cutout value stood at $95.64 per hundredweight with an increase of $0.17 from prior reporting periods. Specific primal cuts such as loin, butt, picnic, rib, ham and belly were detailed alongside their respective weekly averages and changes.
Daily hog slaughter under federal inspection was estimated at 478,000 head for May 21 while week-to-date estimates reached nearly 1.9 million head—similar to levels seen last year during this period according to USDA Livestock, Poultry & Grain Market News.
Waitt Grain Company operates in the grain and agriculture sector by providing market information services including quotes for commodities like corn, soybeans and wheat along with weather updates and mobile alerts; it shares resources with Waitt Trucking and primarily serves Sheridan area in Indiana where its headquarters are located at 22755 Six Points Road according to the official website.
