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Pork prices are moving counter-seasonally higher this fall, with packers paying more for hogs due to strong shackle space demand. Informa's David Williams attributes support to growing export business and the ability to move supplies domestically.
Beef carcass grading hit record Prime percentages, with cutout values rising.
Strong packer demand and export sales support hog and pork cutout values despite large supplies, which keeps demand for feed going into the fall period.
feedstuffs.comKrissa Welshans 1Oct 27, 2017Not 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.
