Improved Wholesale Pork Prices Widen Packer Spread in July
July was another month in 2023 when most pork producers would have been fortunate to break even. Federally inspected (FI) July hog slaughter, estimated at about 9.6 million head, was 3.2...
Livestock, Dairy, and Poultry Outlook No. (LDP-M-348) 31 pp
June 2023
Livestock, Dairy, and Poultry Outlook: June 2023
by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, and Adriana Valcu-Lisman
The Livestock, Dairy, and Poultry Outlook for June 2023...
Hog supplies expected to be higher y/y through spring and early summer, but supply risk is skewed to the downside considering cuts to the breeding herd and uncertainty about productivity growth going forward.
Highlights
Hog supplies expected to be higher...
October kicked off the fourth quarter of the year—the quarter that typically sees the year’s
largest slaughter numbers and the lowest hog prices—with the factors that have thus far
defined 2023 remaining largely unchanged. Pork producers continue to face macroeconomic turbulence...
Demand remains a primary challenge that could impact the pork market in 2024.
Steiner and Company produces the Profit Maximizer report on behalf of National Pork Board based on information we believe is accurate and reliable. However neither NPB nor...
Source: Barchart
Pork is a staple for people worldwide. While some religions ban pork consumption, the meat remains a very popular item on restaurant menus and at-home dining. China is the world’s most populous country and the leading pork consumer....
The number of U.S. hogs coming to market could be lower in the first half of 2023 compared with early 2022 if recent inventory patterns continue, according to a new market research report from Steiner Consulting Group.
The number of...
USDA thinks pork production in 2025 will increase 1.7% from a year ago. Lower feed costs should help bolster production, but much will depend on the breeding herd in September and December as productivity rate returns to long term...
Fernando Ortiz-H , Ibero-America Business Development Manager, Genesus Inc.
Apparently, the 2019-2020 expansionary acceleration of the Mexican pork industry has hit the brakes this year. While states as important in pork production as Jalisco saw their number of pigs on...
The USDA's latest World Agricultural Supply and Demand Estimates report offers detailed insights into the pork and hog markets for 2024 and 2025.
Pork Production:
2024: Pork production is forecasted to increase due to higher weights in the second half...