Weekly Hog Margins Monitored Canadian hog margins were lower by the end of the week with most Western regions recording seasonal declines of $2-$4 per hog while Eastern marekts were lower from $1.30 to $3.10 per hog. Canadian farrow-to-finish feed costs inceased fractionally by only $0.34/hog as losses in the grain sector were offset by slight gains in the protein markets which was the opposite from the week prior. Hog margins seasonally tend to decline thru the 3rd and fourth quarter impacted more by lower hog prices versus changing feed values. Ontario hog margins were lower down $3.10 to $33.42/hog, ML Sig 4 margins were down $3.83 to $33.46/hog profits. Hylife margins slipped $2.08 to $28.56.64/hog profits and OlyW 20 hog margins weakened $2.23 to $33.59/hog profits, while Quebec hog margins were the least impacted this week down $1.38 to $26.30 per hog. OlyW 21 weakened $3.34 to $23.64/hog profits. In the US, Tyson hog margins gained $1.32 to $32.96/hog profits while JM margins were slightly lower by $0.70 at $24.48/hog profits. US Regional Margins - Tyson: $ 32.81 USD X 1.3581 = $ 44.56 in Canadian Dollars
- Morrell: $ 24.33 USD X 1.3581 = $ 33.04 in Canadian Dollars
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