The pork sector is all about one product at the moment, and as soon as that breaks, the pork complex is just going to drastically come unraveled, according to David Williams, vice president of client advisory and development for Informa IEG. That one product is bellies.
“Bellies are almost at the end. I would say we’re within days (of them breaking). We don’t know if it will be next week, or it could be today. We’re right at the apex,” Williams said.
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