BLT season

BLT Season to Help Lean Hog Numbers

The bacon, lettuce, and tomato season is going to help an already surging pork trade. Meanwhile, cattle trade battling three-month lows. We’re starting to see more fresh produce stands along the roadsides as we move deeper into July. Lean hog futures at four-week highs now in mid-July, even with ample supplies and heavier weights. BLT season certainly going to help, …

live cattle

Cattle On Feed Report

Cattle on Feed and Cold Storage Reports Support Cattle Markets Cattle markets continue to find underlying support as tightening supplies and steady red meat demand shape expectations heading into spring. The latest monthly Cattle on Feed Report, combined with insights from the monthly Cold Storage Report, reinforces a constructive outlook for both the cash cattle market and futures trade. As …

Demand Supporting Hog Prices

U.S. hog prices are being supported by strong demand, according to Purdue University economist Chris Hurt. He says pork production is expected to rise by three percent in the first-half of 2018 and by near four percent in the last-half of 2018. The theme for the pork market in 2017 was higher production and higher prices when pork production rose …