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Pork Commentary: Bullish Results Hogs and Pigs Report

2014-07-08 02:00:00| ThePigSite - Industry News

US - Last week the bullish June Hogs and Pigs Report resulted in lean hog futures rocketing higher. October up $6 per pound, December $7 per pound, and February was 8? per pound. The move up in just 4 days of Chicago trading was nearly $15.00 per head for the fall and early winter time period. Fewer hogs and strong pork demand are leading to the highest profits in the North American hog industries history, writes Jim Long President – CEO Genesus Inc.

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