Analysis: Current Trends in the Pork Butt Market
The ¼-inch bone-in butt market has experienced elevated price levels, with the weekly average price currently standing at $118.5/cwt. This price is comparable to levels observed in 2011 and 2014, during the PEDv outbreak, yet it remains slightly below the 2022 levels.
Currently, it ranks as the third-highest price historically recorded for this week in December. This trend can be primarily attributed to more active demand from South Korea compared to past years, despite the current pace of U.S. total pork production...
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