Outside influences on markets always seem to be that black swan event we never saw coming. In this case, the developments in the Middle East should not have any relevance on the hog market, as there is not a lot of pork consumed in that region. There is a lot of speculation about the new packing plants coming on line, as it should increase competition between packers. But remember, a very large part of this shackle space is used by the vertical integrators, so unfortunately that may limit the space packers will actually have to bid against each other.
Tag Archive: usa
April 12, 2017 6:48 pm