Pork- Pork production last week rose .3% but was 2.5% less than the same week a year ago.  Pork demand is reported to be modestly waning with the warmer weather throughout most of the country.  Many of the pork markets including the belly, ham and trimming could moderately decline in the coming weeks.  An exception could be the rib markets.  The typical trend for the next month for the rib markets is steady to modestly higher before jumping 10% to 20% upward sometime in early to mid April. 

 

Market Trend

Supplies

Price vs. Last Year

Live Hogs

Increasing

Good

Higher

Belly (bacon)

Increasing

Good

Higher

Spare Rib (4.25 & down)

Increasing

Good

Higher

Ham (23-27 lb)

Decreasing

Good

Higher

Loin (bone-in)

Increasing

Good

Higher

Baby Back Rib (1.75 & up)

Decreasing

Good

Lower

Tenderloin (1.25 lb)

Increasing

Good

Lower

Boston Butt, untrimmed 4-8 lb.

Increasing

Good

Higher

Picnic, untrimmed

Increasing

Good

Higher

SS Picnic, smoker trim boxed

Decreasing

Good

Higher

42% Trimmings

Increasing

Good

Higher

72% Trimmings

Increasing

Good

Higher