Loading…

Pork packer margins were near breakeven last week at -$0.48 per head, while farrow-to-finish margins stayed healthy at $87.86 per head. Hog slaughter was 2.41 million head, below the prior year, and pork production rose to 507.7 million pounds.
Tight packer margins and lower slaughter point to constrained near-term pork supply, while lower feed costs for finishing hogs support producer profitability.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.