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Firm prices & big exports
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03-12-2012 08:16 AM - edited 03-12-2012 08:23 AM
Just saw a report that in January, we exported 43% more pork than we did in January 2011. Mexico, China and Japan are our biggest buyers. Sounds like it's got cash hog prices steady to firm at home. Plus, if we keep having thsi warm weather from now until spring, a lot more people will be grillin', and that should stoke some more domestic demand. I know I grilled all weekend! So, it's a fairly bullish combination for the hog market. Anybody taking advantage, or waiting in hopes things keep moving higher?
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Jeff Caldwell
Agriculture.com Multimedia Editor
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Jeff Caldwell
Agriculture.com Multimedia Editor
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