Pork Price Forecast Depends on China Purchases

Weekly Pork Price Summary – Food Service Edition May 28, 2019 Pork production in April was estimated at 2.269 billion pounds, 5.9% higher than a year ago. But as with beef, the biggest reason for the increase in production is the extra slaughter day in April.  When adjusted for the number of slaughter days, pork […]

Pork market volatility spikes as trade talks with China hit a snag

Pork Profit Maximizer – Food Service Edition May 13, 2019 Trade talks and tariff outlook is driving volatility not just in the hog futures market but the wholesale pork market as well. In late March and April, pork buyers had to take one glance at the June and July contracts and calculate the potential price increase […]