Chinese Pork Demand Expected to Be Key Market Influencer Moving Forward

Apr 10, 2023

A Senior Risk Management Analyst with HAMS Marketing Services suggests China will be a key market to watch moving into the second quarter of 2023.
The U.S. Department of Agriculture released its Hogs and Pigs Report for the first quarter of 2023 March 30th.

Paul Marchand, a Senior Risk Management Analyst with HAMS Marketing Services, notes a two percent reduction in slaughter hog numbers predicted in the December report has turned into a slight increase in numbers.

Clip-Paul Marchand-HAMS Marketing Services:

The USDA usually has it pretty good and I was a little surprised that there wasn't more backlash, why where the USDA numbers off by so much?
When you did the math there was almost a four percent variance between what the USDA had implied would be available at the December Hogs and Pigs Report relative to what was actually being marketed at the beginning of the year.

The USDA has generally a good track record of implying what's going to be available for slaughter on the live hog market with the Hogs and Pigs Report.
Now that we have that supply side into the equation, it's really going to about demand at this point and there are some things to keep an eye out for.

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Video: Shearing Delay Leads To Kingston 4H Sheep Show!

What started as a disappointment turned into a day full of surprises, fun, and celebration as we leave Ewetopia Farms behind and head out to the Kingston Fair to watch the 4H sheep show

Today’s vlog was supposed to be another sheep shearing day here at Ewetopia Farms, but when our shearer had to cancel, we suddenly found ourselves with an unexpected free day. Lucky for us, the Kingston Fair was happening — and some of our own sheep (and friends) were competing!

We brought along our shearing helper and headed to the fairgrounds to cheer on the 4H kids and see how our sheep did in the show. From last-minute preparations and sheep showmanship to market lamb competitions and ewe classes, we take you behind the scenes of what it’s really like at a country fair.

We couldn’t be prouder — our girls walked away with wins in both showmanship and breeding ewe classes! Afterwards, we toured the fair, met a beekeeper with fascinating insights, admired other livestock shows, and wrapped up the evening with motocross stunts and a demolition derby!

Sometimes farm life throws curveballs — but today, it gave us the chance to celebrate community, our sheep, and the next generation of shepherds.