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Pork Heats Up
Manage episode 371328007 series 3011013
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Pork… here is the hot market. Bellies closed yesterday at $158 up from $141 last week. Bacon producers are raising prices daily. I thought $160-$170 might be a peak come August but I may be undervaluing this market. Getting bacon bought is not a bad idea. On the butt side we seem to have peaked for the current market and moving lower but again, temper any expectations for lower costs. It will be lower but only so much. Loins as always ,that is the value and ribs in the height of the season continue a good value.
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