Pork Profit Maximizer, February 17, 2020

Retail Edition Cattle and hog futures have posted sharp declines since China announced an outbreak of Coronavirus in its Hubei province. While the disease was first discovered in late 2019, it was not until late January that Chinese officials recognized (accepted) the scale and virulence of this new virus. The disease has been compared to […]

Seasonal Ham Prices Expected to Improve But Held In Check by Record Supplies

Pork Profit Maximizer – Retail Edition October 28, 2019 Ham prices used to have a much more pronounced seasonality but in the last few years, a number of factors have contributed to much more erratic price action. Last year record pork supplies and tariffs on US pork prices in Mexico and China significantly affected demand […]

Hog futures limit down on Friday even as China pork prices spike

Pork Profit Maximizer – Retail Edition August 19, 2019 The pork cutout had been trending higher in the first two weeks of August but posted a sharp decline on Friday. October futures were down the daily permissible limit on expectations that, in the short term, record pork supplies will drive the cutout even lower in […]

Will Higher Tariffs Derail Pork Prices in Q4 and in 2020?

While there is a lot of uncertainty going forward, and we think China may not buy as much from the US if the tariffs persist, we still expect a significant increase in Chinese pork exports in the second half of the year vs. last year’s levels. This should help support overall pork cutout values. Our […]

August hog futures jump on weather risk

Pork Profit Maximizer – Retail Edition July 22, 2019 We have raised our forward projections for hog and pork prices given the higher upside risk from weather conditions currently affecting hog producing regions and renewed speculation about export demand from China. We continue to note that the current environment is highly speculative. On the positive […]

Big Increase in Supply Pushes Pork Prices Lower

Pork Profit Maximizer – Retail Edition June 24, 2019 Earlier in the spring futures markets struck a very bullish tone for the US meat complex, largely based on expectations that a meat supply hole in China would present significant competition for domestic end users. The role of futures markets is to look for supply/demand imbalances […]