Pork Commentary: US Hog Market Getting Stronger
US - On October 21, April Lean Hog Futures were at $0.56/lb. Last Friday, April lean hog futures closed at $0.7075/lb. That’s over $30 USD per head increase. It’s about the difference between losing $15 per head to making $15 per head. It’s going in the right direction, writes Jim Long President – CEO Genesus Inc.