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Colombia is a Latin American success story for market development, and an upcoming USDA Trade Mission spotlights how this country has been a successful investment over time.
Keeping pigs and people healthy is vital as youth continue to travel for swine exhibition shows. The detection of influenza A (H5N1) in dairy cattle earlier this year elevates the focus on diligent biosecurity for all livestock producers.
Ham prices have rocketed higher as market was once again reminded of the seasonality of supply during this time of year. Big orders to Mexico and other orders at the end of June, lower slaughter and processors returning to full production have resulted in a very tight spot market. Sharply higher prices in US and Mexico may impact sales in August, however.
Wholesale pork prices showed some improvement towards the end of the week, mostly due to sharply higher ham prices. Demand from Mexico has been better than expected as hog values there continue to trade well above U.S. equivalent.
USDA inventory survey painted a picture of ample supply in the near term but lower production expected this winter and next spring.
U.S. Meat Export Federation’s inaugural U.S. Red Meat Symposium brought U.S. exporters and Mexican importers together to explore the market’s continued growth potential.
Patrick Fleming returns to NPB in new role to lead new consumer marketing campaign.
Learn how NPB is building a bigger appetite for pork by using research to target the future consumer and focus on building trust, adding value and generating long-term demand.
Hog futures turned higher at the end of last week as belly prices rebounded and speculation that cutout could start to see some support going into the 4th of July holiday and a 4-day weekend.
Hog futures remain under pressure on uncertainty about outlook of processing items (hams, bellies, trim) this summer. Belly market appears to have more risk given slowdown in foodservice sales. Lack of frozen inventory continues to impact export markets, however.
A recent sensory analysis of pork demonstrates over 110 unique flavor nuances that illustrate why it embraces cross-cultural tastes and brings more plants to the plate.
The value of U.S. pork exports is of critical importance to the pork industry demand strategy. The 2024 South Korea trade mission builds confidence in U.S. pork while fostering collaboration and partnership.
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