Pork Report - Manion Foods

Pork output last week rose 3.5% and was 5.3% better than the same week a year ago. Solid year over year gains in pork production are expected during the next several months which could limit seasonal price increases. China consumers, who account for roughly half of the world pork consumption, continue to face rising pork prices. The Chinese government could take steps to import more pork in the not-so-distant future. The belly markets have struggled during the last several weeks but higher prices could be forthcoming.

Product Description	Market Trend	Supplies	Price vs. Last Year
Live Hogs	Increasing	Ample	Lower
Sow	Increasing	Ample	Higher
Belly (bacon)	Decreasing	Good	Higher
Sparerib (4.25 lb & down)	Decreasing	Good	Lower
Ham (20-23 lb)	Decreasing	Good	Lower
Ham (23-27 lb)	Increasing	Good	Higher
Loin (bone in)	Increasing	Good	Lower
Baby Back Rib (1.75 lb & up)	Decreasing	Good	Higher
Tenderloin (1.25 lb)	Increasing	Good	Higher
Boston Butt, untrmd (4-8 lb)	Increasing	Good	Lower
Picnic, untrmd	Increasing	Good	Higher
SS Picnic, smoker trm. Box	Increasing	Good	Lower
42% Trimmings	Increasing	Good	Higher
72% Trimmings	Decreasing	Good	Lower