US: Hog Markets

US - Margins fell further over the past month and remain extremely depressed from a historical perspective. Hog prices have been under pressure following heavy slaughter runs recently with increasing pork production. Recent weekly hog slaughter was near 2.44 million head which would be the largest in almost five years and only around 30,000 short of the all-time high set in 2007 at 2.47 million head. Hog weights have also been running above year-ago levels with year-to-date pork production up 2.25 per cent from 2011, writes Doug Lenhart.
calendar icon 27 September 2012
clock icon 2 minute read
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