Pork Wrap December 12, 2020
The negotiated hog markets continued to leak a little lower, with the NDD cash market down $2.37 Friday-to-Friday, but on a weekly average basis it was just $1.59 lower.
The negotiated hog markets continued to leak a little lower, with the NDD cash market down $2.37 Friday-to-Friday, but on a weekly average basis it was just $1.59 lower.
The pricing situation in the hog and pork complex is growing weaker. The cutout dropped over $8 Friday-to-Friday and the WCB negotiated market lost a little over $3.