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Weekly Pork Commentary

Trading levels for bone-in loins held steady through the week, although supplies were more than ample for the demand, and ended the week with the bottom side of the market significantly lower than the top. With most of the needs of retailers already met, prices for butts and spareribs free fell starting the middle of the week as packer inventories abounded. Processing cuts experienced a slow trading secession this week as holiday demand dried up early week. Additionally the release of the cold storage report on Tuesday showed huge freezer inventories for both hams and bellies. This allowed buyers to increase pressure on the ham complex on already weakening prices. Despite large belly freezer stocks, fresh bellies edged higher this week to fit buyer’s immediate needs. Trim items experienced roller coaster trading as demand for immediate shipments drove prices higher than this complex could sustain. By mid-week, offerings and near nil demand caused prices to nosedive.
The Pork Report for May 26, 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.

Origin Price Price (Week Prior) Price (Year Prior)
53-54% Lean; 0.65"-0.80" Backfat @ Last Rib n/a 0.79 0.82 0.97
Belly, Sdls, Skin-On, Trimmed, 12-14# n/a 0.93 0.90 1.23
Belly, Sdls, Skin-On, Trimmed, 14-16# n/a 0.93 0.88 1.23
Belly, Sdls, Skin-On, Trimmed, 16-18# n/a 0.93 0.88 1.25
Butt, 1/4" Trim 5-10# n/a 1.09 1.14 1.26
Butt, 1/8" Trim Steak Ready 5-10# n/a 1.25 1.29 1.39
Butt, Boneless n/a 1.21 1.26 1.34
Composite Primal Belly Value n/a 0.90 0.87 1.23
Composite Primal Butt Value n/a 0.94 0.98 1.07
Composite Primal Ham Value n/a 0.58 0.66 0.78
Composite Primal Loin Value n/a 1.01 1.03 1.16
Composite Primal Picnic Value n/a 0.55 0.55 0.73
Composite Primal Sparerib Value n/a 1.39 1.44 1.59
Fresh 42% Combo n/a 0.35 0.52 0.60
Fresh 72% Combo n/a 0.59 0.68 0.90
Fresh Trim,Visual Trace Of Lean, 12-16% Combo n/a 0.34 0.44 0.50
Ham, Boneless 94-96%, 4 Muscle Group n/a 1.10 1.18 1.37
Ham, Bone-In, Trimmed 20-23#, Trim Spec 1 n/a 0.66 0.69 0.82
Ham, Bone-In, Trimmed 23-27#, Trim Spec 1 n/a 0.66 0.68 0.83
Loin 1/4 Center Cut, Boneless Strip Off n/a 1.77 1.70 1.93
Loin 1/4" Cntrcut, Bnls Strp-On, 10-11 Rib 5-11# n/a 1.65 1.67 1.78
Loin 1/4" Cntrcut, Tndr-In, Flo, 10-11 Rib 8-13# n/a 1.69 1.65 1.84
Loin Backrib, 2.0/Up# Boxed Fresh n/a 2.85 3.04 2.94
Loin, Blade Ends 2-4# n/a 0.95 0.88 0.92
Loin, Boneless Sirloin .75-1.5# n/a 1.23 1.22 1.36
Loin, Bone-In Sirloin 2.5-3.5# n/a 0.80 0.87 1.03
Loin, Bone-In, 1/4" Trim 21#/Dn-Lgt n/a 1.33 1.33 1.49
Loin, Bone-In, 1/8" Trm/Less 21#Dn-Lgt n/a 1.42 1.39 1.62
Loin, Tenderloin 1.25/Dn# n/a 2.95 2.90 2.95
Picnic, Cushion Meat, Fresh 92% Boxed n/a 0.97 1.00 1.26
Picnic, Smoker Trim, Regular Shank, Combo n/a 0.55 0.64 0.78
Picnic, Smoker Trim, Short Shank, Boxed n/a 0.72 0.76 0.89
Picnic, Smoker Trim, Short Shank, Combo n/a 0.65 0.70 0.79
Sparerib, 2/Bag, 3 Bags Pcvac 4.25/Up#-Med n/a 1.44 1.51 1.68
Sparerib, 3/Bag, 3 Bags Pcvac 4.25/Dn#-Lgt n/a 1.57 1.61 1.76
Sparerib, 4.25/Dn#-Lgt, Combo n/a 1.38 1.33 n/a












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