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Pork cutout values, beef and poultry prices have all rallied, and the pork market is facing a labor shortage at packing plants. A packer reportedly cannot find enough workers, which limits slaughter capacity.
Packing labor shortages reduce slaughter, which tightens hog supplies and keeps lean hog prices strong relative to pork values.
porkbusiness.comMay 18, 2021Not enough comparable past events yet for a historical read.
Not 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.
