By: Jennifer Shike
"The breakeven selling price in July was calculated to be $91.10 per cwt; this is down -10.6% ($10.80 per cwt) from a year ago. Last week, the slaughter hog price (national, weighted average carcass price) was $88.32 per cwt, which was below the breakeven price of $91.10 per cwt in July," the authors of the report said. "Last week's slaughter hog price falling below the July breakeven selling price signals that profitability may be limited for a wean-to-finish hog operation in August."