What's Causing Low Hog Supplies?
US - The USDA's September "Hogs and Pigs" report found that hog inventories were unchanged to somewhat larger. Yet slaughter in recent weeks has been very low, seemingly indicating a divergence from the USDA reading. Low slaughter numbers have been the primary driver of higher lean hog futures and seasonally strong cash prices, writes Chris Hurt, extension economist at Purdue University.
1 October 2013
2 minute read
