Loading…
Steiner and Company reports that slaughter should peak for the year in December and fall at least 100,000 head per week in January and February. Pork belly prices fell sharply as freezers hold about 200% more bellies than a year earlier, while trim and bone-in ham demand remained firm.
Seasonal slaughter declines should support fresh cuts like loins and butts in early 2023, while excess belly stocks weigh on that product's price.
porkcheckoff.orgDec 5, 2022Not 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.
