A bearish engulfing day yesterday followed by an uninspiring pre-market move higher today:
Plus the meat plants are reopening, with a glut of porkers headed for the abattoir, DTNPF:
Pork Farmers Still Face Logjam
Processing Plants Are Reopening, but Millions of Hogs Remain on Farms
Processing Plants Are Reopening, but Millions of Hogs Remain on Farms
BYND is changing hands at $136.03 up $1.52 (1.13%) after closing down $2.42 to $134.51 in yesterday's regular action.
Recently:
May 12
May 7
As noted in With Pork and Beef Supplies Raising Some Concerns, Guess Who Wants To Serve You Some Faux Meat:
....This trip down Memory Lane brought to you by the April 13 observation:
...Back to the immediate issue, supply should be good through June but if the closed plants, and they are multiple across the industry, don't reopen, BYND is going to be in hog heaven...
....This trip down Memory Lane brought to you by the April 13 observation:
...Back to the immediate issue, supply should be good through June but if the closed plants, and they are multiple across the industry, don't reopen, BYND is going to be in hog heaven...
