Pork News for 3-11-10

Pork production last week rose .3% but was 2.5% less than the same week a year ago. Pork demand is reported to be modestly waning with the warmer weather throughout most of the country. Many of the pork markets including the belly, ham and trimming could moderately decline in the coming weeks. An exception could be the rib markets. The typical trend for the next month for the rib markets is steady to modestly higher before jumping 10% to 20% upward sometime in early to mid April.