Pork Gets Cheap For Tailgating Season
by Megan Durisin, Bloomberg
Posted: 2017-09-29 15:42:43 EST

Cheap pork is here for American football fans firing up the grill for tailgate parties.

While meat costs in the U.S. tend to drop as summer wraps up, this year the declines are more pronounced. Wholesale pork has fallen to the lowest seasonally since 2009, which could bring down grocery-store bills.

Carnivores can thank a boom in U.S. production for cheaper grocery bills, with output expected to reach an all-time high in 2017. There are signs that prices will stay low. December hog futures are on pace for a third straight monthly loss, and hedge funds have lowered their bets on a rebound in five of the past six weeks.

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