(Un)expected weakness ๐Ÿ“‰

swine o'clock Mar 02, 2023

๐Ÿท๐Ÿ‡บ๐Ÿ‡ฒ Okay, the weakness may be expected, but the reasons behind it aren’t: pork prices are weak due to larger-than-expected slaughter levels and large supplies of competing meat. Sizable increases in poultry supplies and heavy cold storage inventories of crops have joined together and are limiting upsides in pork prices through spring, although current indications of improved retail support for pork should help.

     • The expectation is that prices will improve seasonally and recent production losses will drive a limited herd expansion this year.

     • On the upside, Mexico’s still on the lead! Los hermanos down south continue to be our main export market for pork – especially ham. Click here for more information!