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031140 Weekly Hog Price Summary

November 15, 2003

AgWeb.com - Cash hog prices were mixed this week with the interior carcass prices from last week down $0.32 to 5.22. The average price per cwt for the 185# carcass with 0.9 - 1.1" back fat, 6 sq. inch loin 2" deep by area were; western Cornbelt $44.80, Eastern Cornbelt $45.56, Iowa-Minnesota $48.46 and nation $45.24.

Slaughter this week under Federal Inspection was estimated at 2.104 million head - up 3.7% from the same week in 2002.

Feeder pig prices this week at United Tel-o-auction were basically steady with 2 weeks earlier. The prices by weight groups at united were: 40-50# &60.50 per cwt, 50-60# $65.00, and 60-70# $56- $65.50. Those prices are above $20 per cwt above a year earlier.

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