Hog weights are expected to increase in 2019, but with hog producer margins tight to negative, the increase in slaughter weight is likely to be small.
Pork industry will eventually feel the loss of some information but having daily slaughter and purchases and prices for hogs and pork will allow the industry to operate more-or-less smoothly.
While hog producers continue to bleed red ink as December closes out, the market projects positive margins heading into both the second and third quarters of 2019.
Nearly all news flashes, news items down the road should be positive. The futures market is very quick to sense these changes, these possible future developments.
USDA numbers come in close to analysts’ pre-report estimates.