Pork Profit Maximizer, July 24, 2017

FoodService Edition Pork demand has been excellent this summer, with pork production up 2% in June and pork cutout rising 10% from the previous year. Hog production has been rising consistently in the last few months although the pork supply increase has been slower than slaughter growth due to lower carcass weights. June hog slaughter […]

Pork Profit Maximizer, July 10, 2017

FoodService Edition   Pork Exports up 10% in May and up 13% in the first five months of 2017 on robust  demand from Mexico and Asian markets While overall red meat and poultry exports were higher in May, pork exports were particularly strong, driven by robust demand in Mexico and Asian markets.    

Pork Profit Maximizer, June 26, 2017

Foodservice Edition Seasonally lower supplies and robust pork demand continue to support pork prices in the short term. A number of factors continue to support hog prices in the near term, helping propel cash hog values to the highest price for the year. While it is not unusual for hog prices to be higher in […]

Pork Profit Maximizer, June 12, 2017

FoodService Edition Summer pork demand improves, in part due to higher prices for competing meats. June pork supplies should be at the lowest point of the year. The pork cutout continues to track higher thanks to robust prices for bellies as well as escalating values for both fat and lean pork trimmings. In the past, […]

Pork Profit Maximizer, May 30, 2017

FoodService Edition Cold Storage Update The latest USDA ‘Cold Storage’ report contained some positive implications for red meat demand in April. Output during the month increased significantly and yet supplies in cold storage at the end of the largely increased in line with the normal seasonal rather than showing a significant buildup. For poultry, the […]

Pork Profit Maximizer, May 15, 2017

FoodService Edition Seasonal Improvement Underway in the Pork Complex. Higher Beef Prices Further Stimulate Pork Demand In our last update two weeks ago we outlined the expected seasonal improvement for hog and pork prices and, as if on cue, prices have appreciated rapidly in the last two weeks. The calculated 1‐day cash hog index stood […]

Pork Profit Maximizer, May 01, 2017

FoodService Edition Hog prices ready for their spring rally but large supplies on the ground will help keep prices in check. It is no surprise that hog prices move higher into the summer. Hog slaughter seasonally declines and better demand for grilling items tends to support cutout values. So far these spring hog prices have […]

Pork Profit Maximizer, May 1, 2017

FoodService Edition Hog prices ready for their spring rally but large supplies on the ground will help keep prices in check. It is no surprise that hog prices move higher into the summer. Hog slaughter seasonally declines and better demand for grilling items tends to support cutout values. So far these spring hog prices have […]

Pork Profit Maximizer, April 17, 2017

FoodService Edition February export data shows robust growth but the pace of growth has slowed down in recent weeks. Pork exports in February (fresh/frozen/cooked) were reported at 151,798 MT, 15.4% higher than a year ago and the fourth consecutive month of double-digit growth. Mexico remains the most important market for US pork exports at this […]

Pork Profit Maximizer, April 03, 2017

FoodService Edition Expanding pork supplies should help keep prices in check through 2017 and 2018 USDA released on Thursday, March 30, the results of its quarterly survey of US hog products. The latest report confirmed what many in the industry suspected, namely that US hog producers continue to expand and pork production in 2017 is […]