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 […]

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 […]