Meat and Poultry Industry News / Pork / Special Reports
Market Snapshot

U.S. pork market snapshot: Production acceleration expected

June 5, 2014
/ Print / Reprints /
/ Text Size+

Annual pork production has made meager gains for much of the last two years. This production — which includes slaughtering, processing and preserving pork — is 0.8 percent above the year-ago level. With positive momentum in the rates of change (see “Rate-of-Change” chart above), we expect accelerating rise in production in the months ahead.

The supply of pork has been reduced because of the influx of porcine epidemic diarrhea virus (PEDV). Since the first confirmed case of PEDV in early 2013, it has spread to 28 states and has resulted in the culling of millions of young pigs and lowering pork supply. As a result, prices have risen steeply. The Producer Price Index for Pork is 16.5 percent higher than last year. Producers have had some ability to pass these higher prices on to consumers, with the Consumer Price Index of Pork up 5.3 percent over the last year. Higher prices should drive production higher as long as herds can be kept free of disease.

Recent Articles by Richard Branch, ITR Economics

You must login or register in order to post a comment.




Image Galleries


Brenneman analyzes Butterball’s new animal care, well-being program

Rod Brenneman, CEO of Butterball, discusses his company's new Animal Care and Well-Being Program, his company's certification by the American Humane Association and further animal-handling initiatives, all officially announced in September 2013.

More Podcasts

National Provisioner

NP September 2014 cover

September 2014

Check out the September 2014 issue of The National Provisioner, featuring the 2014 Plant of the Year winner, and much more!

Table Of Contents Subscribe

Independent Processor

IP August 2014 cover

August 2014

Check out the August 2014 issue of Independent Processor, with features on meat industry lobbying, the Independent Processor of the Year, and more!

Table Of Contents Subscribe

Provisioner Store

The National Provisioner Source Book

The Sourcebook is an exclusive buyer’s guide and reference tool for product and supplier information in the meat, poultry and seafood marketplace.

More Products


Facebook icon Twitter icon  YouTube iconLinkedIn icon google +