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ANALYSIS: Proposition 12 Effect on Reporting Volumes for Pork
The USDA Pork Specialty Report, issued by the U.S. Department of Agriculture (USDA), focuses on niche and specialty pork products, offering detailed insights into pricing, volume, and market trends for categories not typically covered in broader pork market reports. These categories include specialty programs such as open pen gestation, crate-free, antibiotic-free, no-antibiotics-ever, pre-priced and labeled cuts, color-graded, breed-specific, quality-graded, and organic products.
Notably, the report began incorporating Proposition 12-compliant material in 2023...
Pork Producers Deeply Disappointed in Senate Democrats’ Failure to Address California Prop. 12
The National Pork Producers Council (NPPC) issued the following statement after the unveiling of Senate Democrats’ 2024 Farm Bill text by U.S. Senate Agriculture Committee on Agriculture, Nutrition, and Forestry Chairwoman Debbie Stabenow (D-MI).
“Though America’s pork producers appreciate Chairwoman Stabenow’s efforts to publish Farm Bill text, this is simply not a viable bill, as it fails to provide a solution to California Prop. 12,” said NPPC President Lori Stevermer, a pork producer from Easton, Minn. “Pork producers have...
ANALYSIS: Rising Hog Slaughter and Market Supply
As of yesterday's close, the year-to-date total hog slaughter reached 82,805,400 head, marking a 1.2% increase compared to this same period last year, which stood at 81,790,000 head, according to the USDA’s Federally Inspected Hog Slaughter figures.
The data indicates that 2024 has seen higher weekly hog slaughter numbers, particularly at the beginning of the year due to winter weather disruptions that backlogged hogs, and from June to August, surpassing levels from the past two years as well as the three-year average...
Pork Producers One Step Closer to Certainty as Bipartisan Solution for Prop. 12 Clears
The National Pork Producers Council (NPPC) is pleased to announce the U.S. House Agriculture Committee has passed their 2024 Farm Bill, which supported all of producer’s farm bill requests, including a federal fix to the host of Prop. 12 issues plaguing producers and consumers.
“The 2024 Farm Bill is a golden opportunity to address a top issue for pork producers across the country – California Prop. 12 – and I’m pleased to see the U.S. House Agriculture Committee seize the opportunity to stop a potential
NPPC, Farm Bureau Lead Nearly 1,000 in Coalition to Urge Congressional Fix to California Prop. 12
The National Pork Producers Council (NPPC) joined forces with the American Farm Bureau Federation to garner support from 900+ agricultural stakeholders supporting the federal fix to California Prop. 12 to be included in the 2024 Farm Bill.
Laying out robust arguments in a letter to U.S. House Agriculture Committee Chairman G.T. Thompson (R-PA) and Ranking Member David Scott (D-GA) on Prop. 12’s damaging implications, the coalition highlighted the following:
Marketplace mayhem: S. Agriculture Secretary Tom Vilsack warned the...
ANALYSIS: Impacts of Prop 12 Shape Memorial Day Outlook for Pork Ribs, Bacon and Butts
Memorial Day is traditionally celebrated as one of the major pork holidays each year. Ribs, bacon, and butts are all beloved staples of this popular weekend that marks the official start of summer. However, this year presents a unique situation due to rebounding cold storage levels post prop 12 proclamation, sow liquidations, and economic uncertainty, unlike the past few years.
The current values for bone-in butts show an increase of 3.9% compared to this time last year, and they are also 10.4% above the...
ANALYSIS: Frozen Pork Supplies Plummet to Monthly Record Lows
The latest USDA Pork Cold Storage Report reveals that frozen pork supplies reached record monthly lows in February. Stocks decreased by 1% from the previous month and declined by 12% compared to last year. The most significant declines were observed in boneless hams, boneless loins, ribs, trimmings, and bellies, which experienced month-over-month decreases.
This reduction in frozen stocks can be partly attributed to increased demand during the third and fourth quarters of 2023 from regions impacted by Prop 12, ahead of the January 1, 2024, deadline...
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