Schulz: Strong pork demand helps offset production cost hikes
Lee Schulz authored a recent article for Wallaces Farmer. Schulz article, "Strong pork demand helps offset production cost hikes," examines the two types of inflation (demand-pull and cost-push) that can drive up the overall price for pork. Schulz says that "Demand-pull and cost-push factors have combined to lift hog prices. By late March, many cash prices topped $90 per cwt. Futures prices pushed through the century mark for the first time since 2014. Hog cash receipts are forecasted to be the highest since 2014."
The full article is available here.
(Released April 2021)