An exciting week for hog prices

Hog prices were volatile this week. The high national average carcass price on the morning report was $96.60/cwt on Wednesday. The low price was a day later at $92.45/cwt. The average liveweight price for 51-52% lean hogs during April was $62.94/cwt. This was $1.60 lower than the month before and $1.90 lower than a year earlier. During the first quarter of 2025 prices were up $7.60/cwt year-over-year.