As we reported on Tuesday, the December WASDE reduced pork production slightly for 2022 based on lighter carcass weights, which were down about a pound from last year.  Also, November’s pace of slaughter was down compared to a year ago. That tight supply helped boost the wholesale cutout values. The negotiated sales of pork cuts in November were about 12 percent below November 2021 and values were up nearly 2.7 percent on the year, November to November. The biggest contributor, by far, to the increased cutout value was the ham, followed by the picnic. Bellies, loins, and ribs all were down. That increase makes sense during the Thanksgiving holiday period based on the reduced turkey supply due to highly pathogenic avian influenza...

TAGS – Livestock, North America