The United States Department of Agriculture released the National Daily Hog and Pork Summary on May 6, providing updated data on hog prices, pork values, and slaughter numbers as of 1:30 PM. The report includes information from Des Moines, Iowa, with details on daily direct hogs plant delivered and weekly national averages.
This summary offers insight into current market conditions for producers, processors, and stakeholders in the livestock sector. Accurate pricing and production data help inform business decisions across the supply chain.
According to the report, negotiated barrow and gilt carcass base prices ranged from $89.00 to $95.00 with a weighted average of $94.59. Live prices averaged $70.24 per hundredweight nationally. In Iowa/Minnesota and the Western Cornbelt regions, weighted averages were similar at $94.75 for carcass price and around $68-69 for live weight prices.
The Eastern Cornbelt’s weighted average live price was reported at $70.80; however, some specific figures were not disclosed due to confidentiality rules set by reporting standards. The national daily pork report showed a carcass cutout value of 95.10 dollars per hundredweight with a change of minus 0.87 from the previous day.
Daily estimated hog slaughter reached 488,000 head—down slightly from last week but up compared to a year ago when it was recorded at about 469,397 head over the same period last year.
Waitt Grain Company operates in the grain and agriculture sector concentrating on market information services such as commodity quotes for corn, soybeans, wheat as well as weather updates according to the official website. The company primarily serves Sheridan area in Indiana where its headquarters are located at 22755 Six Points Road; it also shares resources with Waitt Trucking according to its official website.
