Retail Edition

Pork export demand will be key for Q4 as hog supplies surpass record 2016 levels

Pork export volumes were somewhat disappointing in July but the decline was understandable given the sharp increase in pork prices during the month. Global buyers likely recognized that the price increase in the US would be shortlived, with significant pork volume expected for late summer and fall. Total pork exports in July were 390 million pounds, 15.5 million pounds (‐3.8%) less than a year ago.

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