Cold Storage Data Seen As Positive for Pork Prices Later This Year

Pork Profit Maximizer – Foodservice Edition October 28, 2019 The combined inventory of beef, pork, chicken, and turkey in cold storage at the end of September was estimated at 2.506 billion pounds, 4.3% lower than a year ago but still 4.4% higher than the five-year average. The combined month-end inventory of the four main species […]

Seasonal Ham Prices Expected to Improve But Held In Check by Record Supplies

Pork Profit Maximizer – Retail Edition October 28, 2019 Ham prices used to have a much more pronounced seasonality but in the last few years, a number of factors have contributed to much more erratic price action. Last year record pork supplies and tariffs on US pork prices in Mexico and China significantly affected demand […]

USDA Reports Inventory of Market Hogs 3.5% Higher Than Last Year

Pork Profit Maximizer – Foodservice Edition September, 30, 2019 Coming into the report analysts were expecting the total inventory of market hogs as of September 1 to be 3% higher than a year ago. USDA reported the inventory of market hogs at 71.248 million head, 2.442 million head or 3.5% higher than a year ago. […]