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Pork Summer Rally Ends Early
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Mid-West Farm Report
The summer rally in the pork market began late and ended early.
The pork cutout value averaged $102.36 last week, making it $1.75 lower and fall below $100 this week.
Pork production in June totaled 2.27 billion pounds, a 7% increase over last year; while Hog harvest was 5% higher at 10.5 million pounds.
The average live weight was 289 pounds, 3 pounds higher than a year ago.
Wisconsin saw a 1% increase in hog harvest during June with the average live weight increasing from 445 pounds to 451 pounds.