The obvious answer to the optimism is that demand for U.S. pork has been outstanding and that futures traders, evidently, are betting this will continue not only in the weeks ahead but in the months ahead.
USDA reports record productivity for U.S. hog producers. Consumer demands support a growing pork industry, but rising total meat and poultry production could create a stumbling block for the marketplace.
Values have moved up seasonally as they generally do this time of year, but is the inflection happening a bit earlier than normal and at a faster clip?
