A livestock analyst says the demand for U.S. pork has never been better.
Dennis Smith, a broker with Chicago-based Archer Financial Services, says despite record pork production, frozen pork stocks are below year-ago levels and most pork cuts are trading at price levels above the previous two years.
Smith says in addition to strong exports, favorable retail prices have bolstered pork demand.
“One thing is just the fairly stable price of pork at reasonable, low price levels,” Smith says.
Continue reading Analyst: Pork demand has never been better at Brownfield Ag News.
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