
Ontario’s base formula hog price fell to C$160 per 100 kilograms for the week ending November 6, down 6.9% from the prior week and about 30.7% from a year earlier. Estimated farrow-to-finish returns were negative C$20.06 per pig in October, compared with a positive C$15.18 in September.
Falling hog prices are reducing producer revenue and pushing margins into losses, which could eventually constrain production. Lower feed-ingredient prices may ease costs, but the report gives no specific commodity moves.
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.