Episode Details

First of all, Happy Birthday to Tracy's Mother! 

On Tuesday bellies dropped $48 and with yesterday’s close at $144 has dropped $56 since last week’s close of $200.  Elevated cold storage numbers, hows that for a turn around from last year…  plus expected increasing production as the weather cools and packers are dealing with the classic issue, sell or smell it.  This is definitely a buying time.  I don’t know how long we will see this market but I’m betting we’ve got a few weeks to secure good value product.  The rest of the pork complex is following the lead of bellies but not to the same dramatic drops.  Pork will be a good value for the next few weeks, at least. 

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Episode Sources:

https://www.porkbusiness.com/news/hog-production/pork-bellies-plummet-drag-cutout-lower?mkt_tok=ODQzLVlHQi03OTMAAAGGc6JmbpYmadAuAkEf3rK-9Vq1C43IjB0b0ldyqyDt1ER-o9RzCmVhdWz6J8POq7hzWzzXhd9e9i8krghUHbURqs-LBNDT7eFx9vCcpT-0HJvYrHc

https://www.ams.usda.gov/market-news/swine-reports 

https://www.urnerbarry.com/

https://www.uniprofoodservice.com/ 

http://www.cheesereporter.com/prices.htm

https://usda.library.cornell.edu/concern/publications/gm80hv35d?locale=en#release-items

https://www.cdc.gov/flu/avianflu/data-map-commercial.html

https://www.meatingplace.com/Industry/News/Details/106082

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