Pork Prices Remain Firm on Lower Y/Y Slaughter, Tight Spot Supplies
Pork market is hot and cash hog prices are near record levels, but does that warrant current fall premiums?
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Pork market is hot and cash hog prices are near record levels, but does that warrant current fall premiums?
Supplies are in line with the projections from the latest hog inventory data. Market participants seem surprised by the seasonal shortfall. Hog and pork prices are firm in the near term.
The cure for high prices is high prices — lack of features and ample inventory cause prices to adjust and create future opportunities.