Weekly Market Report
October 2026, Week 2
Covering Oct 4 – Oct 10 | Published Mon, Oct 12, 2026
This week's key points
- US: Pork carcass cutout falls for an 11th straight week to the lowest since May 2023
- US: August pork exports to Mexico -21% y/y in value
- US: Cash corn at its lowest since late August after an upward revision to yield
- EU: Spring pig census -1.0% y/y across the 11 member states that have reported, but breeding sows flat
- Brazil: September pork exports -11% y/y — shipments to the Philippines halved
US: Pork carcass cutout falls for an 11th straight week to the lowest since May 2023
Latest: The weekly average was 82.34 USD/cwt, an 11th straight weekly decline since late July. It is -4.3% w/w and -21.5% y/y, and 17.6% below the five-year average for the week. This is the lowest level since May 2023, and the lowest for this time of year since 2019. Last 4 weeks: -10.3% from four weeks ago, against an average move of -3.5% over the same four weeks in past years — a steeper decline than usual. Year to date: The average since January is 96.2 USD/cwt, 7.8% lower than the same period last year.