Contraction on the horizon
Current environment is described by some long-time producers as the worst stretch of losses since the debacle in 1998/99.
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Current environment is described by some long-time producers as the worst stretch of losses since the debacle in 1998/99.
Suffice it to say that exports have been a drag on wholesale pork demand all year and will remain so – but to a lesser degree.
At the end of July there were 530 million pounds of pork in cold storage, up 20% year-over-year and the fourth consecutive month above 500 million pounds.
Pork values continue to advance, highest since Oct 2014.
(WASHINGTON) - The USDA's National Agricultural Statistics Service (NASS) is contacting producers for the June Hogs and Pigs Survey. Each quarter this...