The demand for pork, U.S. pork, has never been greater. Price wise, every pork cut, with the exception of pork ribs, is trading at price levels above the previous two years.
It looks like March slaughter may come in slightly above the 4.5% increase implied by the December Hogs and Pigs report. It doesn’t appear there will be any large revisions in the market hog inventory when USDA releases the next Hogs and Pigs...
Don't be blinded by the recent rally, and use put options to protect the revenue side of our business. Just let the line run a little more if we have a Big Fish on the hook.
Despite confirmation of outstanding pork demand, futures prices have forged a top. Market is telling us that rhetoric from Washington toward main trade partners could spell disaster.