FEEDSTUFFS PRECISION PORK Market Report - May 15

In this week's episode of Feedstuffs Precision Pork, market
analyst Dave Bauer of Provimi, recaps some pork industry and
market highlights and lists some of the things to think about in
preparation for next week.

As Bauer explains, these days are filled with headlines and
statistics that boggle the mind. We've gone from record
employment to record unemployment in three months. In fact, the
eating and drinking industry has lost more than three decades of
jobs in the last two months. 

Speaking of the value put on employees that feed the needs of
this consumer-driven society, Bauer says we all have come to
realize just how important those employees are that keep chain
lines running in the nation's packing plants. Although many of
the pictures out there are likely used more for shock and awe, a
day doesn't pass without seeing pictures of empty meat
shelves. 


Pork packing plants are making great strides and what appear to
be the right moves to ensure worker safety and confidence in the
plant environment. With early estimates for a 239,000 head
Saturday, kill weekly harvest is projected over 2 million head
for the first time in five weeks. This would be a 17% increase
over last week. But even with these gains in slaughter, the
backlog of hogs is still growing based on the simple calculation
of the difference in actual harvest versus that which was
estimated in the March hogs and pigs report. 

Take a listen to find out what Bauer thinks lies ahead. What
should you be thinking about for next week? We’ll explore that as
well. 

These are uncertain times and it will pay dividends to be
well-prepared. If you have questions on this week's recap or want
to discuss something not covered, feel free to ASK DAVE
at David_Bauer@cargill.com. Thanks for
listening and make sure you plan today for tomorrow’s
success.

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platform or find it
on www.Feedstuffs.com and www.NationalHogFarmer.com.