Weekly Market Report
October 2026, Week 1
Covering Sep 27 – Oct 3 | Published Mon, Oct 5, 2026
This week's key points
- US: Hog prices fall for a ninth straight week to the lowest since February 2024
- US: Cash corn -4% w/w after quarterly Grain Stocks come in above expectations
- EU: Pig prices (carcass-weight basis) fall again to the lowest since early August
- Japan: August pork imports +8% y/y — Brazil +71%, with further increases expected
- Japan: Pork carcass wholesale price -1% vs 5-year average in August, nearing normal levels
US: Hog prices fall for a ninth straight week to the lowest since February 2024
The hog price (carcass basis) averaged 79.31 USD/cwt for the week, its ninth straight weekly decline since late July. It is -1.6% w/w and -19.2% y/y, and 10.8% below the five-year average for the week — the lowest since February 2024.