A boon for producers: higher market prices as more hogs are slaughtered

Hog farmers can thank increased international demand for U.S. pork for the profit-making market prices in the months ahead, says Purdue economist Chris Hurt. Writing at farmdoc Daily, Hurt forecasts an average market price of 50 cents a pound for hogs, nearly 4 cents higher than the average price in 2016. At that level, producers… » Read More

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