Spring hog price rally cut short by trade uncertainty and poor packer margins

Pork Profit Maximizer – Food Service Edition Highlights The nearby July hog futures contract declined almost 5% in the last four trading sessions. The decline has come even as the cash hog index continues to push higher. July futures closed on Friday under $80/cwt even as the cash hog index is currently above $86/cwt. The positive […]

Higher exports for all meat proteins in April offer a demand boost but also underscore threat from possible trade disruptions

Pork Profit Maximizer – Food Service Edition Highlights April red meat exports were excellent. The early Easter may have helped, adding more work days to the month compared to a holiday-shortened month last year. Lower hog and cattle prices also provided an assist, sometimes offering foreign buyers an opportunity to cover needs at lower prices. […]

Pork Profit Maximizer, April 16, 2018

Retail Edition Highlights Rising pork supplies have pressured prices lower so far this spring and values are forecast to be under year-ago levels into summer and fall. For now, the impact has been much more significant on hogs rather than wholesale pork values. The average IA/MN base price in March was $56.8/cwt, 14% lower than […]

Pork Profit Maximizer, April 16, 2018

Foodservice Edition Highlights Increasing pork supplies expected to keep prices under year-ago levels for much of this summer and fall Rising pork supplies have pressured prices lower so far this spring and values are forecast to be under year-ago levels into summer and fall. For now, the impact has been much more significant on hogs […]