Firm prices & big exports
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?
Re: Firm prices & big exports
Just picked this up. From Australia we can now point our guns towards you. We are experiencing a servee drop for our local product because imports have been killing us.