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Pork Checkoff Industry News

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Profit Maximizer
Wholesale Pork Prices Offer Opportunities for Retail Features in the Spring

Lean hog futures have declined by more than 10% in the last few days due to ongoing demand uncertainty this spring.

Real Pork
Visionary Honored by NPB and NPPC with Paulson-Whitmore Award

Mike Telford was recognized for creating opportunities for pig farmers and pork production during his 20-year tenure at Iowa Pork Producers Association.

Real Pork
Economist and Educator Recognized with Distinguished Service Award

Ron Plain was celebrated for serving 35 years teaching farm audiences how to manage pig farming as a business.

Profit Maximizer
Demand Concerns Keeping Spring & Summer Futures in Check

Pork cutout futures continue to signal lower wholesale prices for the spring and summer as demand eases lower following the COVID-related spike in 2021 and 2022.

Profit Maximizer
Weather Disruptions Prop Up Prices, But Demand Concerns Persist

Hog slaughter was lower last week as snowstorms disrupted the transportation of hogs to processing facilities. U.S. hog producers are still incentivized to pull hogs forward as current prices are below the cost of production.

Pork Markets
The Results Are In: 2022 Exports Boast Top Three Record Year

Pork exports to international markets are vital to the U.S. pork industry. 2021 was a record year for exports, and 2022 followed with its own big success worth celebrating: as a top three record export year.

Profit Maximizer
Weaker Demand to Start the Year While Domestic Supply Expected at 2022 Levels

The pork market continues to trade sideways on ample supply and, more importantly, a weaker than expected demand across a range of items.

Sustainability
Decoding Carbon Markets – What Do They Mean To You?

Carbon markets are the latest buzz but what exactly are they? How do they work? What questions should you ask?

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.

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.

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