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UBC - Pork Industry Enjoys Strong Prices But Faces Rising Costs
March, 22 2022 03:45 AM
E-TRACS USB Bloomberg Commodity Index Exchange Traded Notes UBS Bloomberg CMCI Livestock ETN
The pork industry is weighing its outlook as farmers balance between strong hog prices and rising input costs. Farmers are enjoying some of the highest weekly hog prices since 2014, with domestic pork demand strong. The National Pork Producers Council (NPPC) says over the past 12 months, total costs rose 23.9%, with feed costs alone up 35.5%. For further details see:
Pork Industry Enjoys Strong Prices, But Faces Rising Costs
Stock Information
Company Name:
E-TRACS USB Bloomberg Commodity Index Exchange Traded Notes UBS Bloomberg CMCI Livestock ETN
Stock Symbol:
UBC
Market:
NYSE
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