Blast off or crash?
Futures have been plagued by larger than expected hog slaughter since the first of the year.
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Futures have been plagued by larger than expected hog slaughter since the first of the year.
With total U.S. red meat production projected to be down 3.7% in 2023, what about demand for U.S. pork?
Pork situation is similar in the ease of flow of product, the difference is the ability of other suppliers to access the Mexican market in pork.
A full leg down in corn prices coupled with strong summer hog prices (if China returns) could restore profitability to most pork producers by third quarter.
(SPRINGFIELD) The NASS is contacting producers for the December Hogs and Pigs Survey, all to provide comprehensive details on market hog and breeding ...