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Why don't hog producers use futures or options?

Abbreviated Question: 
Why don't hog producers use futures or options?
Answer: 

Unfortunately data are not readily available on the percent of hog firms using forward contracting or options.

How are Peoria and interior Missouri hog prices determined?

Abbreviated Question: 
How are Peoria and interior Missouri hog prices determined?
Answer: 

To explore the relationship between the Peoria live hog price, Interior Missouri live hog price, National negotiated prior day purchase base price, National negotiated slaughter base price, CME lean hog futures price, and farrow to finish profit, a correlation matrix of these series can be computed. The hog price series are highly correlated over the January 2002 – December 2015 period. The correlation between the price series’ and the farrow to finish profit series is weaker but still relatively strong.