US: Pork market has shown mixed performance in recent months

Beef Price Impact

Recent events in the beef market have become a significant factor, also affecting the pork industry. In particular, US President Donald Trump's statements about possibly increasing beef imports from Argentina to lower prices provoked a strong reaction among producers. Many of them viewed this as a threat to their businesses and free market principles. However, experts note that Argentina, despite its capacity, is unlikely to be able to provide sufficient volumes of MEAT to cover the deficit in the US market.

Live cattle futures, after falling 2.4% on Friday, rose 1.825 cents on Monday, representing a 0.75% increase. This recovery occurred amid continued strong demand for beef, which continues to remain at record prices. The US cattle herd has declined to its lowest level since the 1950s, which also contributed to higher prices.

Pork Price Dynamics

Amid fluctuating beef prices, pork futures showed mixed dynamics. December and February contracts closed slightly lower, while later months saw gains. For example, December lean hog futures fell 0.300 cents to 82.0 cents per pound. This decline may be due to changes in pork demand, as well as overall economic conditions.

At the same time, wholesale pork prices remain stable, indicating that producers are trying to adapt to current market conditions. Importantly, demand for pork in the US remains strong, creating certain preconditions for future price increases.

Market Outlook:

Given current trends, experts expect the pork market to continue to fluctuate based on changes in supply and demand. Increased beef imports, if any, could put pressure on pork prices, although producers are confident that the US market will remain stable due to strong demand for the meat .

Furthermore, it's worth noting that amid economic uncertainty and potential trade-related policy changes, producers must be prepared to adapt their strategies. This could include both increasing production volumes and diversifying their product offerings.

The pork market continues to be influenced by a variety of factors, including fluctuating beef prices, shifts in supply and demand, and economic conditions. Producers and traders should closely monitor the situation and be prepared for changes that could impact their businesses . Further changes can be expected in the coming months, which will shape the dynamics of both pork and other meats in the US market.