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 […]

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 […]