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Wholesale pork prices continued higher as buyers who were short product bought in, with gains driven mainly by bellies and seasonal increases in loins and hams. Hog slaughter ran above expectations and carcass weights are trending lower.
Packer demand for product and tight near-term supply support hog and pork prices, though expectations point to easing as fall supply rises.
swineweb.comJim EadieJul 31, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
