Analysis: Elevated Pork Cutout Values Amidst Supply Disruptions in January
The average weekly Urner Barry pork cutout value currently stands at about $88.1/cwt for last week, reflecting a 7.9% increase compared to the same period last year. This marks the second-highest level for this week in January historically since data collection commenced in 2003; with the only higher value recorded being in 2022 largely due to labor challenges stemming from the pandemic.
The recent uptick in cutout value is primarily linked to holiday downtime around production schedules and extensive disruptions from winter weather across the US...
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