Pork exports near zero to China and Mexico

Pork Profit Maximizer – Retail Edition Highlights Lean hog futures have declined sharply since the beginning of July on concerns that slowing export sales and record production will force more product into domestic channels. The two markets where US pork now faces new tariffs are China and Mexico. Two rounds of 25% tariffs on US […]

Hog slaughter last fall was at all time record levels

Pork Profit Maximizer – Retail Edition Highlights US hog producers have been expanding rapidly in the last three years thanks to low feed costs and robust meat protein demand in domestic and export markets. Hog slaughter last fall was at all time record levels and significant new processing capacity has been added to accommodate the increase […]

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. […]