National Ag News
Analyst has “odd” February advice for pork producers
A market analyst has what he calls some “odd” advice for U.S. pork producers. Steve Meyer with EMI Analytics tells Missouri pork producers that they should be looking to sell part of this year’s production right now because cash forecasts are not nearly as high as what the futures market is offering right now.
“The odd part is that I’m saying this the first week of February. Normally, these markets rally with cash into April and May but we’ve had some kind of odd occurrences here since December.”
And, he says those occurrences are reflected in the futures market, “We had a ham market that ran up that carried the cutout value late in the year, last year.
Continue reading Analyst has “odd” February advice for pork producers at Brownfield Ag News.
