Insights and Stories on Pork Prices

May. 5, 2016 at 5:10 pm CDT

Beijing | Reuters –– Beijing will release 3.05 million kilograms of frozen pork from its reserves over the next two months to combat rising pork prices, the city government said on Wednesday. Starting from Thursday and lasting until July 4, the Beijing municipal government will sell 50,000 kg of pork each […]

By Reuters

Apr. 1, 2016 at 4:29 pm CDT

Chicago | Reuters — U.S. lean hogs tumbled to the lowest in 10 weeks on Friday as pork price declines triggered selling by technical traders and investment funds, traders and analysts said. Hogs fell more than one per cent at the Chicago Mercantile Exchange, led by losses in deferred contracts […]

By Michael Hirtzer

Mar. 28, 2016 at 6:05 pm CDT

Reuters — The U.S. hog herd in the December-February quarter modestly grew from a year earlier to a record high for that quarter, according to Friday’s U.S. Department of Agriculture quarterly hog report. Farmers cautiously added to herds while shoring up their bottom lines following the surge in hog numbers […]

By Theopolis Waters

Feb. 23, 2016 at 4:17 pm CST

CNS Canada — Canadian pork prices are feeling a modest bump upward as healthy U.S. exports clean up some excess North American pork supplies. Canadian slaughter-weight prices hit their lows in November and December — and since then, they have increased about 30 per cent, according to Brad Marceniuk, a […]

By Dave Sims

Jan. 7, 2016 at 2:38 pm CST

CNS Canada — A weak loonie could improve the profit margin of Canadian pork producers by summer, according to one analyst, but its effects have been little seen in the current market. Influencers outside of currency markets are driving current cash prices lower — and cash prices are relatively depressed, […]

By Jade Markus