Food Costs Rise, Pork Cutouts Up 75%, Class III Milk Above $17
Restaurant Engine
JUNE 1, 2020
The national standard for pork prices, the “cutout,” is up 75% since April 9. The Lean Hog Index, a gauge of the cash market traded on the Chicago Mercantile Exchange, is up about 19% over the same period. Although supply is now technically guaranteed by Trump’s order, prices are still rising.
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