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Pork Report
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Pork- Pork production last week declined .3% and was 1.2% less than the same week a year ago. Due to slowing pork demand, pork packers are expected to slow slaughter over the next few weeks which could help stabilize the pork markets. September US pork exports were close to the previous year and historically large. China recently announced that they will restart pork imports from the US which should facilitate trade. September US ham exports to Mexico were a whopping 76% larger than 2008.

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Market Trend |
Supplies |
Price vs. Last Year |
Live Hogs |
Decreasing |
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 |
Lower |
Baby Back Rib (1.75 & up) |
Decreasing |
Good |
Lower |
Tenderloin (1.25 lb) |
Increasing |
Good |
Lower |
Boston Butt, untrimmed 4-8 lb. |
Increasing |
Good |
Lower |
Picnic, untrimmed |
Increasing |
Good |
Higher |
SS Picnic, smoker trim boxed |
Increasing |
Good |
Higher |
42% Trimmings |
Decreasing |
Good |
Higher |
72% Trimmings |
Increasing |
Good |
Higher |
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