Jim Long Pork Commentary: US pork cut outs jump! Aberration?
At the end of last week, US Pork cuts gained about 7¢ lb. or $14.00 plus a carcass (Friday’s close $68.95). Is this an aberration of a sign of some newfound strength in the pork market? Our observation is no one pays more than they have too to get what they want. Maybe we are the boy who sees the manure pile and thinks there is pay inside. One thing for sure this business seems to be one big manure pile for producers.
16 July 2020
2 minute read
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