Global Lard Market Research Report

James Cole17 Nov, 2020Business

Lard is a by-product of the hog industry. Its production is conditioned upon the production of pork. The demand for pork impacts the amount of lard production more than the demand for lard. As a result, the product of lard follows closely changes in hog slaughter irrespective of the specific market situation of lard. The lard yield may vary from 9 to 19 percent of the live weight of the hog. In the slaughtering and dressing process, about 9 to 12 percent of the live weight emerges as lard. The dependence of the supply of lard upon the supply and demand situation of the pork is undoubtedly one of the most important technical factors determining the economic position of lard.