And in a move that shocked the finance world, dennis smith goes yard with his prediction that pig carcass futures are going to plummet, which we here at WTPWB found particularly odd, given that the cash hog market tends to hold up well. Smith does make some valid points to support his case, especially pointing to the soft tone this week in the ham and loin cut markets. But on the upside, Smith has high hopes for the live cattle market, driven primarily by the big moves in Nebraska.
This Week in Pork.