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How much is a feeder pig worth?

Cash-traded feeder pig reported volume was above average this past week, with 18,775 head reported. Cash feeder pig reported prices were $76.17, down $2.85 per head from last week. What are the non-negotiables for pork producers in 2024?

How much does a cash feeder pig cost?

Cash feeder pig reported prices were $97.38, down $0.76 per head from last week. Strong global demand for U.S. pork has been been a bright spot for the industry. Fueled by growth in the Western Hemisphere, South Korea and Australia, U.S. pork exports posted another excellent performance in February. “Anything worth doing, is worth doing badly.”

How much are cash weaner pigs worth?

Cash weaner pig reported prices were $56.50, up $0.88 per head from last week. The chairman of New Hope Group, one of China's biggest pig breeders, said he is "optimistic" hog prices will pull out of a multi-year slump this year as government policies to stimulate the market take effect.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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