Pork Profit Maximizer – Foodservice Edition
March 4, 2019
There is little question that the current pork market offers plenty of opportunities to promote pork in Q2. The three charts in the previous page illustrate the seasonal trend for the price of butts, ribs and pork trim in May, June, and July. Buyers that recognize this seasonality likely are looking to get ahead of the market despite the extremely low values available today. Indeed, data from the USDA Mandatory Price Reporting shows a sharp increase in the amount of pork bought for forward delivery (22 days or more into the future). Most of the product bought on a forward basis have been loins and ribs, two staples of retail features going into the Memorial Day and Father’s Day weekends.