# Weekly Hog Market Update: Declining Prices and Lower Slaughter Volumes - November 29, 2024 - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info

> Hog prices declined across key markets in the week ending Nov. 29, 2024. US federally inspected slaughter fell to about 85% of 2023 levels, and the pork carcass cutout dropped to $90.93/cwt. Ontario's base formula price fell to $217.03/ckg, and Canadian slaughter was 94% of last year's level.

- Date: 2024-11-29 · published 2024-11-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27572-weekly-hog-market-update-declining-prices-and-lower-slaughter-volumes-november
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lower slaughter and softer cutout values point to weaker near-term hog prices, while weaker prices and feed costs that rose modestly squeeze producer margins. Market volatility is likely to persist in the near term.

## Read by commodity

- HOGS: bearish ▼

## Sources

- swineweb.com: https://swineweb.com/weekly-hog-market-update-declining-prices-and-lower-slaughter-volumes-november-29-2024/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.