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Average pork packer margins increased to $16.82 per head from $11.39 the previous week as hog slaughter held at 2.6 million head and plant capacity utilization neared 98%. Farrow-to-finish producer margins worsened to a loss of $14.56 per head, while the Western Corn Belt lean carcass price fell $7 to $59.62 per hundredweight.
Falling hog prices are squeezing producer returns while improving packer margins, reflecting weak livestock prices relative to pork processing values. Continued producer losses may eventually discourage production, but the immediate price signal for hogs is bearish.
meatingplace.comTom JohnstonNov 5, 2026Not 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.
