Pork Commentary: US Hog Market Retracts
US - In the last week cash US lean hog prices declined from 130.19 to 125.17, a drop of over $10 per head. It appears to us that some people’s notion that lean hogs would reach $1.40 this summer will not happen. With that said $125.17 is still in historical uncharted waters with profits approaching $100 per head, writes Jim Long for Pork Commentary.