Pork Profit Maximizer – Retail Edition Inventories declined 5.6% compared to the previous month compared to an average drawdown of about 3.6% in the last five years. High prices for some products, especially beef and pork, appear to have encouraged users to draw down inventories rather than continue to pay inflated prices in the spot market. […]
Pork Profit Maximizer – Food Service Edition The pork cutout finished last week at 0.6693 cents per pound, 15.4 cents or 18.7% lower than a year ago. All pork primals are currently trading lower than a year ago, with bellies, hams, and loins accounting for the bulk of the decline. Hog slaughter hit an all-time record […]
In mid-October, the U.S. Trade Representative announced intent to negotiate bilateral trade agreements with Japan, the European Union, and the United Kingdom, thus creating optimism for agricultural trade. After the October 1st announcement of the United States, Mexico, and Canada (USMCA) trilateral trade agreement, direct impacts for the U.S. pork industry remain to be seen […]
Pork Checkoff Director of Swine Health Programs Patrick Webb offers insight into the threat of foreign animal disease and the infrastructure in place to deal with these challenges. Premises Identification is one very important element.
China Market Assessment and 20-Year Foresight Analysis of Pork and Processed Pork Product Consumption are the Focus of NPB’s International Marketing Research Initiative The National Pork Board and the U.S. Meat Export Federation (USMEF) are collaborating on a foresight marketing study called Pork 2040. The goal of this study is to investigate changing consumer attitudes […]
Hog slaughter numbers are large, but pork producers remain current in their marketing. Kerns and Associates Economist Dr. Steve Meyer offers insight into the hog markets in this edition of Pork Pod. Exports are better than expected. However, the risk of African Swine Fever provides significant uncertainty to this marketplace.