Feed grain cost inflation expected to remain muted into next year

Pork Profit Maximizer – Retail Edition April 29, 2019 Feed cost inflation has been extremely limited in the last three years, helping bolster livestock producer margins and one of the key factors behind the surge in US meat protein production. It is still too early to focus on planting progress despite speculation of excessive moisture […]

Weekly Export Numbers Indicate Slowdown in Shipments to Other Markets

Pork Profit Maximizer – Food Service Edition April 29, 2019 After the fireworks in the previous two reports the latest USDA weekly pork export update was much more muted. Bullish traders are constantly looking for more information that US pork supplies will tighten up due to strong exports. This latest update did not contain that. While […]

Market Hogs and Supply Estimates for Spring and Summer

Pork Profit Maximizer – Retail Edition USDA estimated the total number market hogs as of March 1 at 67.948 million head, 2.1% higher than the previous year. Analysts polled ahead of the report on average also expected the number of market hogs to be 2.1% higher than the previous year. But while the increase in […]

Slaughter Implications of the March USDA Hogs and Pigs Report

Pork Profit Maximizer – Food Service Edition Lean hog futures have pulled back in the last two trading sessions as the market consolidates after the torrid rally of the last two weeks. Additionally, participants are paying close attention to reports of US exports and export sales to China, with no new bullish news reported recently. […]