Foodservice Edition

We recently updated our supply and price projections for 2018 and 2019. What follows is a brief synopsis that we included with our regular quarterly report, outlining our thesis for the pork market in the near and medium term.

In our last quarterly update we noted that: “annual pork price inflation is expected to remain muted but seasonal volatility for items such as bellies, hams and trimmings will likely remain very high.” That statement has certainly been the theme of the last three months and we suspect it will be the case for the rest of the year.