ANALYSIS: A Wild Ride for Pork Trimmings in 2021
Throughout the COVID-19 pandemic, the trimmings market saw volatility and price level increases like never before. Beginning in early 2021, 42s and 72s went on an 8-month surge to all-time highs as tightened hog slaughter, elevated hog prices, and labor-related conversion issues supported the market. As prices climbed during the spring and summer, buyers continued to purchase to satisfy the renewed foodservice and grilling demand. At their peak in mid-August, 42s and 72s exceeded the highs set during the 2014 PEDv outbreak by...
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