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usually are at the spring bottom about If arch and then turn up gradually to a mid-summer peak.
Right now, Virginia slaughter is down compared to the same time a year ago. However, for the nation, slaughter for the week ending January 17 was at the highest level since December 1956.
Market receipts in die 12 major markets this week were down 19 percent from the previous week, but up 19 percent from the same week a year ago.
In the Virginia auctions, top hogs were averaging 20 cents higher at $18.25 with the popular prices ranging from $17.75 to $19.00.
Richmond prices were running $18.00 to $18.50 which was;25 to 50 cents higher than last week.
Baltimore top weight hogs sold for $19.75 which was $1.00 higher than the previous week’s prices.
FEEDER PIGS
You may expect feeder pigs to average a little less the next couple of weeks han they have been running in Virginia. Last week, prices in North Carolina sales trailed December prices by $2 to $3 due to a slackening in demand.
This slow/down in demand is expected to rontinue into the sales for the next couple of weeks in Virginia. But, if you have feeder pigs to sell, the organized sale will still be the place to get top prices. Prices for feeder pigs in the last organized sale averaged $19 per head.
If you’re thinking of buying, remember that if you buy now, you will be selling at the time when the market should be on its upward trend.
62.9%