Rise in the Q3

swine o'clock Sep 22, 2022

According to the most recent Market Outlook report from the USDA's Economic Research Service, Q3 pork production has been raised to 6.5 billion pounds.

  • That’s just a little below a year ago. 
  • The expectation is that ample supplies of slaughter-ready hogs for the balance of the quarter will combine with higher year-over-year average dressed weights to increase production.

Pork exports in the second half of 2022 are reduced by 80 million pounds due to a reduced demand for US pork in Asia, which is aggravated by the appreciated value of the US dollar.