Pork Profit Maximizer – Retail Edition
May 13, 2019
US pork supplies remain plentiful despite all the fear of a big global shortfall in output. Yes, we will export more this year but there is no shortage of pork going into Memorial Day, or Father’s Day, or the 4th of July. USDA count of supermarket ads shows a sharp decline in loin features. There is really no need for that. It seems foolhardy to ration out supplies based on what will potentially happen two, three, six months from now. If you are a retailer, focus on the next six weeks and supply availability in the next six weeks looks to be pretty good. Hog slaughter in the last four weeks has averaged almost 2.4 million head compared to 2.18 million just three years ago.