CME: Slaughter Estimates During 'Missing Weeks' Up Six Per Cent
US - An errata is in order this morning. If you looked at the previous statement yesterday about USDA hog inventories "underestimating" recent slaughter and said "What?", you were quite well-founded. Obviously, the September report has thus far overestimated pig numbers relative to last week’s slaughter and what we believe to be the slaughter levels of the two previous weeks, write Steve Meyer and Len Steiner.
23 October 2013
2 minute read
