Pork Commentary: Lean Hog Price = Losses
CANADA - At the beginning of March the USDA National 53-54 per cent lean hog price average was $87.09 a lb. and was moving close to the breakeven area in the low 90’s. At the end of last week the 53-54 per cent National lean hog price was $77.78, a $20 per head decline. We expect many farrow to finish hog producers will be losing up to $30 per head at this price. Last year same time 53-54 per cent was averaging $86.28 and feed was cheaper, writes Jim Long.
6 March 2013
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