Pork Commentary: US Hog Market Lowest in Nearly Two Years
GLOBAL - Last week, the US Lean Hog Market for 53-54 per cent hogs was 77.50 per pound; a year ago, it was 81 cents. We are now trading hogs at the lowest prices in nearly two years. The lean hog price has come down $40-plus per head in the last three months, writes Jim Long President – CEO Genesus Inc.