Been a while since I discussed pork in this article and for good reason. Pork prices have been as cheap as George Costanza (cue thoughts of those envelopes) for the last few months. However, many of the markets were up rather sharply last week especially bellies (think: bacon). The pork belly primal rose 25 percent last week alone and has climbed 78 percent since bottoming just six weeks ago. Funny what low prices will do, eh? But despite these price increases the pork belly markets are still relatively cheap (there's that word again) for this time of the year. At least so far.
Datum FS has forecasts for over 50 commodities comprising various beef, dairy, grains, pork and chicken markets. If you would like to learn more about a complimentary trial to the forecasts and commentary or about Datum FS services hit the home button above. Thanks for reading.