The estimated break-even price for weaner pigs sold in April 2027 fell $3.74 week over week to $14.74, with feed costs down $0.93 per head and May lean hog futures down $2.23. Cash weaner prices averaged $18.84, down $2.31, while reported cash-traded volume was 97,650 head, 123% of its 52-week average.
Lower hog futures and feed costs reduced the modeled break-even, while weaker cash weaner prices indicate softer near-term pricing for piglets. The report does not identify a distinct new supply or demand shock.
Not 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.