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Tag: hog outlook
Hog Outlook: Bacon Demand Continues to be Strong
2016-05-23 02:00:00| ThePigSite - Industry News
US - The average price of retail pork in April was $3.799 per pound. That was 3.9 cents higher than in March and 3.0 cents higher than April 2015. Bacon demand continues to be strong, write Ron Plain and Scott Brown, Ag Economics, MU.
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Hog Outlook: WASDE Estimates Increase in Pork Production
2016-05-16 02:00:00| ThePigSite - Industry News
US - USDA's May WASDE predicted 2016 pork production will be up 2.0 per cent from last year and 2017 production will be up 2.6 per cent from this year. Total red meat and poultry production is expected to be up 3.1 per cent this year and up 2.9 per cent next year, write Ron Plain and Scott Brown, Ag Economics, MU.
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Hog Outlook: Pork Exports Totaled 453.1 million pounds in March
2016-05-09 02:00:00| ThePigSite - Industry News
US - US pork exports totaled 453.1 million pounds during March. That was 2.9 per cent more than a year ago. Foreign demand for US pork was up in 2.3 per cent January, 3.4 per cent in February, and 7.9 per cent in March after being down 11.8 per cent in 2015, write Ron Plain and Scott Brown, Ag Economics, MU.
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Hog Outlook: Hog Sale Cash Receipts Down From 2014 High
2016-05-03 02:00:00| ThePigSite - Industry News
US - US cash receipts from hog sales totaled $21 billion dollars last year. That was down $5.5 billion from the 2014 record, write Ron Plain and Scott Brown, Ag Economics, MU.
Hog Outlook: Pork retail Price Up From Last Month
2016-04-25 02:00:00| ThePigSite - Industry News
US - The average retail price of pork was $3.76 per pound in March. That was up 2.2 cents from the month before, but down 11.4 cents from a year ago. March grocery store prices for pork were the second lowest since June. The March average price for bacon at retail was $5.494 per pound. Boneless pork chops averaged $4.146/lb and boneless hams averaged $4.07/lb, write Ron Plain and Scott Brown, Ag Economics, MU.
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