Latest News From Pork

Meat
U.S. exports of pork retreated in July, while beef shipments ramped up

China’s July pork shipments from the U.S. plummeted 62.2% from year-ago.

Agriculture News
Cold Storage Report: Build in frozen pork stocks concerning
Cold Storage Report: Build in frozen pork stocks concerning

Frozen pork stocks stood at 461.14 million lbs. at the end of May, which was a 4.22-million-lb. (0.9%) build from April versus the usual 34-million-lb.-retreat for the month.

Meghan Vick
Agriculture News
Processing resuming at JBS facilities in the U.S. and Australia
Processing resuming at JBS facilities in the U.S. and Australia

The market is breathing a collective sigh of relief that the outage was short-lived.

Meghan Vick
Agriculture News
Ransomware attack with suspected Russian ties downs operations at JBS plants
Ransomware attack with suspected Russian ties downs operations at JBS plants

JBS is the world’s largest meatpacker and it controls around 25% of all U.S. beef capacity and roughly 20% of its hog slaughter capacity.

Meghan Vick