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Seasonal Supply Lows Pressuring Spot Market Prices

Supplies are in line with the projections from the latest hog inventory data. Market participants seem surprised by the seasonal shortfall. Hog and pork prices are firm in the near term.

- Hog slaughter was under 2.3 million head for the 5th consecutive week. While supplies are in line with the projections from the latest hog inventory data, nonetheless market participants seem surprised by the seasonal shortfall. Hog and pork prices are firm in the near term.
­ Lower than expected pork prices in May and June appear to have bought some demand in July and... 

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Aug 4 8:00 AM, General News



NPPC Statement on Spot Market Hog Payments

Statement by Terry Wolters, NPPC president and owner of Stoney Creek Farms in Pipestone, Minnesota

“We appreciate FSA’s commitment to providing assistance to those pork producers hit hard by the economic disruptions caused by the pandemic. Producers forced into spot market hog sales are still challenged by the market disruptions of COVID-19, and these funds will contribute to the ongoing recovery of the U.S. pork industry...”

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Jul 27 1:26 PM, General News







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