Weekly Outlook: Hog Prices Drop to Six Year Lows
US - Live hog prices fell below $40 per hundredweight last week. This means hog prices are at their lowest level since November of 2009 when the US was just beginning to pull off the bottom of the great recession. The source of the current downturn in prices seems to have components from both supply and demand, writes Chris Hurt, Department of Agricultural Economics, Purdue University.
24 November 2015
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