Market Intel

Pork Wrap November 11

Download PDF It was a another soft week for the US hog and pork complex. Thecutout fell $1.14/cwt on a weekly average basis and the negotiatedhog markets were also lower. In fact, something very unusualhappened in the negotiated markets today as the WCB cash priceactually fell below the National price. On a weekly average basis,the …

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Pork Wrap November 4

Download PDF The biggest feature in the hog and pork complex this week was asignificant softening in the negotiated hog market. The WesternCorn Belt market averaged right at $90/cwt this week, down over$7 from the week before. The NDD market was down $5.66/cwt.But before we declare the cash hog market dead, it is important torecognize …

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Beef Wrap November 4

Download PDF The cash cattle market took some time to catch its breath this week,with prices almost steady with last week and near $152/cwt. At thesame time, the Choice cutout was up $2.54/cwt. and the Selectgained $3.47/cwt. Prior to this week, cash cattle were up a total of$5/cwt. in the previous two weeks, so it …

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Pork Wrap October 28

Download PDF The main feature in this week’s market was the cutout dippingbelow the $100 mark for several days and averaging $2.86/cwt.less than last week. There were some interesting dynamicswithin the carcass and within the week however, starting with thesurprising bump higher in the belly market on Friday. Prior toFriday, the bellies had been trading …

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