Profit Maximizer
Supply Surprise Weights on Market, Prices
Despite 2% decline in slaughter anticipated by the USDA, pork supply coming to market continues to be far higher that expected.
Pork Checkoff Industry News
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Profit Maximizer
Large Slaughter, Weak Bellies Dragging Cutout/Hogs Lower
Hog slaughter was near 2.7 million head last week as producers sought to schedule hogs that were backed up due to winter storms and holidays. Slaughter is expected to be lower this coming week, in part because some plants will be dark on Monday for MLK holiday.
Pork Markets
Ask the Experts: Pork Markets
You asked. They answered. A panel of economists answers pork producers’ questions about pork markets and the December USDA Hogs and Pigs Report.
Profit Maximizer
Inventory Survey Points to Tight Supply Near Term, Modest Increase in Summer/Fall
USDA hog inventory survey suggests that hog slaughter will be down 2% y/y through May, but then increase about 1% to 1.5% for the summer months. The increase in the breeding herd and more pigs per litter should increase supplies in the second half of 2023.
Sustainability
Grant: Advancing U.S. Pork Sustainability and Market Value
$20 million grant available to Iowa, Minnesota and Missouri pork producers to advance climate-smart agriculture practices.
Real Pork
2022 Year in Review
A message from Heather Hill, NPB board president — As we close out 2022, I am filled with optimism and confidence in the future of our industry.
Profit Maximizer
Wholesale Pork Prices Lower on Seasonal Effects, High Slaughter
Slaughter is at annual highs, while retail demand for fresh pork has yet to kick in. Ham prices have eased as Christmas orders have been filled.
Sustainability
Sustainability in the Pork Industry: What’s Coming and Why Pork Producers Need to be Ready
Sustainability isn’t a buzzword that is going away. There are more global factors than ever that continue to put pressure on pork and food producers.
Profit Maximizer
Short Holiday Week Drives Volatility but Hog Supply Picture Remains Tight for Now
Slaughter numbers should be near the highest levels for the year and will be at least 100k head/week lower in Jan/Feb. This should bolster prices for some fresh pork items, such as loins and butts.
Profit Maximizer
Supply Picture Remains Tight, With Demand a Wild Card After the Holiday Season
Tight supply remains despite packers ramping up slaughter ahead of the upcoming holidays.
Real Pork
Real Pork Gets Real Results
Real Pork is the industry’s trust and image brand — it's how we differentiate pork from alternatives. NPB has promoted Real Pork in three key areas this year.
Profit Maximizer
Fresh Pork Prices Drift Lower as Ample Chicken Supply Offsets Pork/Beef Decline
Fresh pork prices continue to be pressured lower due to increased competition from chicken breasts at retail and seasonal decline in demand.
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