The Profit Maximizer is a biweekly report that provides insights and analysis on current pork markets.
Steiner and Company produces the National Pork Board newsletter based on information we believe is accurate and reliable. However neither NPB nor Steiner and Company warrants or guarantees the accuracy of or accepts any liability for the data, opinions or recommendations expressed.
Pork supply is set to tighten sharply over the next three weeks. Slaughter fell below 2.4 million last week and the Memorial Day holiday will further disrupt production and reduce spot availability.
Spring and summer lean hog futures have lost momentum as the feared “marketing hole” has not materialized. Hog slaughter since early March is running slightly above last year and carcass weights remain steady, keeping pork supplies adequate and the pork cutout stuck below $100/cwt.
Export and domestic demand are broadly stable. Recent ham market volatility highlights how quickly export buyers step in on price breaks, especially with concerns about tighter supplies later in spring/summer.
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