Sharp Decline in Pork Exports to Mexico Turned Overall May Shipments Negative
Pork Profit Maximizer – Retail Edition July 8, 2019 Total US pork exports in May were 172,170 MT, 1.1% lower than a year ago. US pork exports to China continue to improve and in May were 19,310 MT, more than double the volume exported last year. Exports to a number of other smaller markets, such […]
Will Pork Demand Be Sufficient to Reduce Record Supplies?
Pork Profit Maximizer – Foodservice Edition July 8, 2019 The total inventory of all hogs and pigs as of June 1 was estimated at 75.026 million head 3.6% higher than a year ago. This comes in higher than the 3% average expected from the pre-report estimates. This is the largest June inventory of all hogs […]
Weekly Pork Price Summary, July 5, 2019
Weekly Pork Price Summary, June 28, 2019
Pork Supplies to Market Much Higher Than Expected in June
Pork Profit Maximizer – Food Service Edition June 24, 2019 The supply of pork coming to market on a weekly basis so far in June has been far higher than anyone could imagine even a month ago. Note that the chart shows a rolling four week moving average. Last week, pork production was up 16.4% […]
Big Increase in Supply Pushes Pork Prices Lower
Pork Profit Maximizer – Retail Edition June 24, 2019 Earlier in the spring futures markets struck a very bullish tone for the US meat complex, largely based on expectations that a meat supply hole in China would present significant competition for domestic end users. The role of futures markets is to look for supply/demand imbalances […]