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Weekly Pork Commentary

Movement of retail pork cuts was slow this week as many buyers concentrated on traditional proteins for the upcoming Thanksgiving holiday. With this, prices for loins and butts fell slightly as supplies were more than adequate for the light demand. Heavy hams continue to be plentiful while interest remained limited throughout the week as price levels depreciated slightly. Lighter weight hams were steady most of the session although light offerings caused prices to firm late. Seedless belly trades were almost non-existent with only a few trades trading at steady price levels. Lean trimming began the week with ample offerings. However by mid-week these had cleared the market while increased interest caused price levels to appreciate. Sausage manufacturers attempted to procure fresh trim to get covered for the shortened upcoming holiday week.
The Pork Report for November 13, 2010

Note: The pricing below is USDA commodity and/or wholesale pricing. It should be used as a guide to monitor market conditions and is not in any way comparable to distributor invoice pricing.

Origin Price Price (Week Prior) Price (Year Prior)
53-54% Lean; 0.65"-0.80" Backfat @ Last Rib n/a 0.77 0.77 0.59
Belly, Sdls, Skin-On, Trimmed, 12-14# n/a 0.93 0.91 0.72
Belly, Sdls, Skin-On, Trimmed, 14-16# n/a 0.88 0.89 0.74
Belly, Sdls, Skin-On, Trimmed, 16-18# n/a 0.88 0.89 0.73
Butt, 1/4" Trim 5-10# n/a 0.99 0.97 0.72
Butt, 1/8" Trim Steak Ready 5-10# n/a 1.12 1.09 0.86
Butt, Boneless n/a 1.10 1.09 0.83
Composite Primal Belly Value n/a 0.87 0.87 0.72
Composite Primal Butt Value n/a 0.81 0.80 0.60
Composite Primal Ham Value n/a 0.74 0.73 0.59
Composite Primal Loin Value n/a 0.84 0.85 0.65
Composite Primal Picnic Value n/a 0.62 0.66 0.40
Composite Primal Sparerib Value n/a 1.24 1.21 0.86
Fresh 42% Combo n/a 0.38 0.37 0.22
Fresh 72% Combo n/a 0.73 0.68 0.42
Frozen 42% Boxed n/a 0.42 0.60 n/a
Frozen 72% Boxed n/a 0.79 0.80 0.44
Frozen, Skinned Jowls n/a 0.48 0.42 0.34
Ham, Boneless 94-96%, 4 Muscle Group n/a 1.32 1.32 1.29
Ham, Boneless 94-96%, 5 Muscle Group n/a 1.35 1.20 1.11
Ham, Bone-In, Trimmed 20-23#, Trim Spec 1 n/a 0.83 0.83 0.65
Ham, Bone-In, Trimmed 23-27#, Trim Spec 1 n/a 0.76 0.76 0.64
Loin 1/4 Center Cut, Boneless Strip Off n/a 1.57 1.57 1.24
Loin 1/4" Cntrcut, Bnls Strp-On, 10-11 Rib 5-11# n/a 1.44 1.44 1.10
Loin 1/4" Cntrcut, Tndr-In, Flo, 10-11 Rib 8-13# n/a 1.42 1.44 1.15
Loin Backrib, 2.0/Up# Boxed Fresh n/a 2.42 2.42 2.22
Loin, Boneless Sirloin .75-1.5# n/a 1.10 1.11 0.87
Loin, Bone-In Sirloin 2.5-3.5# n/a 0.79 0.81 0.61
Loin, Bone-In, 1/4" Trim 21#/Dn-Lgt n/a 1.03 1.02 0.84
Loin, Bone-In, 1/8" Trm/Less 21#Dn-Lgt n/a 1.13 1.15 0.94
Loin, Tenderloin 1.25/Dn# n/a 2.24 2.27 1.94
Picnic, Boneless, Fresh 72% Combo n/a 0.84 0.81 0.50
Picnic, Cushion Meat, Fresh 92% Boxed n/a 1.13 1.12 0.93
Picnic, Smoker Trim, Regular Shank, Combo n/a 0.71 0.65 0.43
Picnic, Smoker Trim, Short Shank, Boxed n/a 0.90 0.93 0.63
Picnic, Smoker Trim, Short Shank, Combo n/a 0.76 0.75 0.49
Sparerib, 2/Bag, 3 Bags Pcvac 4.25/Up#-Med n/a 1.30 1.25 0.93
Sparerib, 3/Bag, 3 Bags Pcvac 4.25/Dn#-Lgt n/a 1.38 1.38 0.99












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