Pork Market Report – April 2016

Pork Graph

Pork output last week declined .4% and was 5% less than the same week a year ago. Hog slaughter for the week was the smallest for any non-holiday week in eight months. Seasonal declines in pork production should be supportive of the pork markets in the coming months. The March 1st total U.S. hog and pig herd was 4% percent larger than last year. However, the breeding herd was slightly smaller than 2015. This suggests that any year over year expansion in pork output may only be modest for the better part of this year.

 

Product Description

Market Trend

Supplies

Price vs. Last Year

Live Hogs

Increasing

Ample

Higher

Sow

Increasing

Ample

Lower

Belly (bacon)

Decreasing

Good

Higher

Sparerib (4.25 lb & down)

Increasing

Good

Lower

Ham (20-23 lb)

Increasing

Good

Higher

Ham (23-27 lb)

Increasing

Good

Higher

Loin (bone in)

Increasing

Good

Lower

Baby Back Rib (1.75 lb & up)

Increasing

Good

Higher

Tenderloin (1.25 lb)

Increasing

Good

Higher

Boston Butt, untrmd (4-8 lb)

Increasing

Good

Lower

Picnic, untrmd

Decreasing

Good

Higher

SS Picnic, smoker trm. Box

Decreasing

Good

Lower

42% Trimmings

Increasing

Good

Higher

72% Trimmings

Increasing

Good

Higher

 

 

Market Report provided by:

American Restaurant Association ∙ www.americanrestaurantassociation.com
PO Box 51482, Sarasota, FL 34232 ∙ 941-379-2228