Fat Hog Prices Today (2024)

FAQs

What is the current price of hogs? ›

US Swine Price is at a current level of 88.67, down from 89.39 last month and up from 85.34 one year ago.

Market pigs sell for between $2.00 and $4.00 a pound with an average price of $3.50 per pound. Processing fees (butchering, cutting, and wrapping) vary based on the butcher. The estimated processing total is $400. For a precise amount, contact one of the suggested butchers.

Market hogs do not vary in live weight as much as beef cattle and can be subjectively estimated with more accuracy. The normal range is 190-270 pounds with an average of 245.

Increased pork demand raises hog prices Increased pork demand raises hog prices. U.S. pork exports forecast to increase almost 4.6% over 2023 due to higher domestic production, less global competition.

Pork Pricing & Information

Estimated cost is $270.00 for Whole pig. Average hanging weight is 150-210 lbs for Whole pig. Average lbs of pork after processing is 90-126 lbs for Whole pig. Average cost for Whole pig after processing is $700-$850.

A whole hog generally costs about $600-$750. Your deposit will be applied to the final amount due. Each butcher has different processing cost, but averages around $350-$400 for a whole hog.

A live 300 lb hog yields a hanging weight of 216 lbs (108 lbs per half). Hanging weight is the weight once the hog is slaughtered and organs are removed.

A whole hog will yield about 16 lbs of bacon. You can slice it and fry it fresh as a pork belly or you can have it smoked and cured to make bacon. Shoulder: A whole hog will yield 2 Boston butt roast and 2 picnic roasts from the shoulders.

On average about 57% of a hog make it from the pen to the pan. A 250 lb. hog will yield approximately 144 lbs of retail cuts. Around 28% of a hog's live weight is inedible product re- moved during the slaughter and dressing procedure bringing our 250 lb.

This was done to demonstrate measurements of meat quality impacting palatability, as well as factors influencing yield, or the pounds of meat one can expect from a butcher hog. Most market hogs are raised for optimal meat quality and yield between 5-7 months of age, or between 250-325 pounds.

What is the best weight to slaughter a hog? ›

At the end of the nursery phase, the pigs enter a feeder-to-finish, or simply, the finishing stage, where at approximately 6 months they reach a desired slaughter weight of above 280 pounds, which will produce an approximate 210 pound carcass. A desired slaughter weight is the optimum market weight.

Remaining quarters of 2024

Total 2024 commercial pork production is anticipated to increase to 28.1 billion pounds, a 2.8% jump from 2023's production numbers. The forecast for prices of second-quarter live equivalent 51-52% lean hogs are expected to average $68 per cwt, almost 21% higher than prices in 2023.

Total pork production for 2024 is forecast at about 28 billion pounds, up 2.8 percent from last year. Pork production for the first half of 2025 is unchanged from last month. Pork exports for 2024 are reduced 125 million pounds to 7.122 billion pounds, 4.4 percent above exports in 2023.

A whole pig typically yields 120 pounds of meat or more. Cost depends on the cuts chosen and its weight, but one can expect to save 15 percent to 40 percent.

We'd expect a pig this size to produce 120 to 150 lbs of packaged meat!

From the National Direct Delivered Feeder Pig Report

The low to high range was $57 - $95. Formula-priced weaners were up $0.38 this week at $63.33. Cash-traded feeder pig reported volume was above average with 17,760 head reported. Cash feeder pig reported prices were $112.10, up $7.79 per head from last week.

Lean Hogs is expected to trade at 84.49 USd/Lbs by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 91.69 in 12 months time.

Swine Situation Report, July-September 2023

In the third quarter of 2023, the highest average farmgate price was recorded in August at PhP 164.49 per kilogram, liveweight, while the lowest average farmgate price was noted in July at PhP 162.35 per kilogram, liveweight.