Pork Report

August 4, 2009

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Pork production last week rose 3.6% but was 2.5% smaller than the same week a year ago. Pork output this week is setting up to be notably larger than both last week and last year. Consequently, many of the pork markets are turning downward. Existing hog supplies are reported to be ample which may put added pressure on the pork markets. June sow slaughter was the largest in 8 months but needs to remain strong to help hog producer margins. June 30th belly (3%), rib (26%) and trimming (19%) stocks were all more than 2008.

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