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Iowa State economist Lee Schulz said seasonal production is a major factor in the US cash hog market. He noted that summer typically brings tighter supplies and stronger demand for pork around grilling season.
The comments were drawn from a Brownfield Ag News interview on rising hog prices.
Seasonal tightening of hog supplies and summer grilling demand typically lift cash hog prices, supporting the current uptrend in lean hog futures.
econ.iastate.eduJun 29, 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.
