As bullish a story as African swine fever represents for U.S. hog producers, the spread of this disease represents a major problem down the road.
If hog prices follow the pattern of 2017, the low for the year could be behind us. The 2017 low in hog prices came on Sept. 28 at $47.18 per hundredweight.
Just what goes into the hog price these days? Here’s a look at the factors involved
Falling retail bacon prices appear to cause drop in pork belly prices, thus driving pork cutout values lower. Bright spot: high corn yield drive prices lower.
The need to be hedged certainly still exists, but at the tremendous discounts identified, we decided to take the profits and stand back a minute.
USDA examined the procedures and determined that technological advancements have afforded recipients of customized media reports a market advantage.
Time to take stock of your marketing tactics in the wake of the new information.