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Pork Bellies (CME): (High: Mar-May or Oct//Low: Jul) During April, retailers build inventory of frozen bellies, whose end product is bacon, for heavy consumption during summer. However, seasonal low often occurs in July on heavy deliveries against futures and competition from fresh bellies. Prices high in October/November to encourage storage against first "new-crop" contract, February.
Charts courtesy of Moore Research Center, Inc. For more information on Moore Research products and services click here.