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Abundant pigs
2017-06-16 18:42:00| National Hog Farmer
“We have plenty of pigs”, says Steve Meyer, market analyst for EMI Analytics, at the World Pork Expo. U.S. pork production is anticipated to climb 3% this year. Meyer also expects to break last year’s record this fall for the number of hogs slaughtered. This will pressure hog prices downward to breakeven levels – low of $60/cwt. – during the fourth quarter. With strong exports, Meyer predicts a profitable year for America’s pig farmers.
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