Hog Outlook: WASDE Increases Expected 2015 Pork Production
US - Today's USDA WASDE report increased expected 2015 pork production by 0.5 per cent , but left 2016 production essentially unchanged. In their first forecast since the June inventory report, they predict 7.6 per cent more pork this year than last and 0.5 per cent more pork in 2016 than this year. USDA expects barrow and gilt prices to average close to $50/cwt live this year and in the upper $40s next year, writes Ron Plain and Scott Brown, University of Missouri.
13 July 2015
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