Weather Disruptions Prop Up Prices, But Demand Concerns Persist

Mar 06, 2023

Hog slaughter was lower last week as snowstorms disrupted the transportation of hogs to processing facilities. U.S. hog producers are still incentivized to pull hogs forward as current prices are below the cost of production.

Steiner and Company produces the Profit Maximizer report on behalf of National Pork Board 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.

Highlights

Hog slaughter was lower last week as snowstorms disrupted the transportation of hogs to processing facilities. U.S. hog producers are still incentivized to pull hogs forward as current prices are below the cost of production.
Pork belly inventory at the end of January was a little over 70 million pounds, 57% higher than a year ago. Ample freezer inventories should keep belly prices in check through March. Higher prices are expected in Q2.
Pork exports have been trending higher in recent weeks as world buyers take advantage of the attractive prices in the U.S. market. U.S. hog prices currently are trading at a discount to both the EU and Brazil (see page 30 of this report).
Two consecutive weeks of big sales to Mexico have helped bolster prices for bone-in hams. Boneless ham prices, however, are running below year-ago levels as higher prices at retail have curtailed some of the domestic demand.

Click here to see more...

Video: Sow Reproduction in Free-Choice Barns - Dr. William Flowers

In this episode of The Swine it Podcast Show Canada, Dr. William Flowers from North Carolina State University explains sow reproductive performance and behaviors in free-choice gestation barns. He discusses social hierarchy, stress responses, feeding behavior, and the influence of housing design on fertility outcomes. Understand how sow interactions can affect production results and management decisions. Listen now on all major platforms!

“Overall, sows, even the dominant sows, choose to spend about 70% of their time in the stall portion.”

Meet the guest: Dr. William Flowers / william-flowers-998b348a is the William Neal Reynolds and Alumni Distinguished Professor of Animal Science at North Carolina State University. His teaching covers swine production and reproductive management, while his research focuses on improving fertility in swine. Dr. Flowers holds a B.S. in Animal Science from Virginia Tech and M.S. and Ph.D. degrees from the University of Missouri. Listen to The Swine it Podcast Show Canada with Dr. William Flowers on all major platforms.