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Beef, Veal, Lamb |
Weekly Pork Commentary
In an effort to keep the cutout from plummeting, packers were able to trade retail items at mostly steady price levels throughout the week in spite of excess supplies. Processing cuts, along with trimmings, became burdensome to most sellers this week as most reduced price levels on all items in an effort move their surplus. On the other hand, buyers bought at a snail’s pace as most experienced limited orders for their finished items which created a more hand to mouth type of buying pattern. Fresh loins mostly steady, boneless weak; butts mostly steady to weak; spareribs mostly steady; skinned hams 17-20 lbs 7.00 lower, 20-23 lbs. 3.00- 4.00 lower, 23-27 lbs 3.00-6.00 lower; sdls bellies 14-16 lbs steady with weaker undertones; 42% trimmings 2.00-4.00 lower; 72% trim 1.00 lower; bnls picnics 1.00 lower.
The Pork Report for March 31, 2012
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.