Over the past few months the primal value of ham has skyrocketed and continues to support cutout value. This is mostly driven by export demand, which is up 9% since last year. Historically ham prices have been around $80 during the peak season, but recently prices have been over $140 and continue to be very strong. In this week’s Hog Blog, Kent Bang discusses aspects of the pork cutout and the impacts on pork pricing.