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National average negotiated hog price reached $91.74/cwt in the week ending April 25, up $10.23 from a week earlier, as some packers bought extra hogs to fill slaughter plans. US consumer price inflation slowed to 2.39% y/y in March, and retail pork prices rose to $4.951/lb.
Stronger cash hog prices and slower expected slaughter declines support lean hog futures and pork cutout values, which feed through to hog margins and feed demand from producers.
nationalhogfarmer.comRon PlainApr 28, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
