Pork Commentary: June Lean Hogs Reach 99.95
US - Last Friday's June Lean Hog futures reached $99.95. The market is now beginning to realise there was no expansion to get more hogs to market by next summer. With feed costs about $100 per head farrow to finish, the $100 spread from $1.00 lean hogs and $100 feed cost is really nice after too many months of financial losses, writes Jim Long.