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Pork Commentary: Hog Market – It's Beyond Belief!

2014-03-25 01:00:00| ThePigSite - Industry News

US - The Iowa – S. Minnesota lean hog price averaged $128.36 last Friday. A year ago the price was 74?/lbs. About $115 per head higher year over year. At just over 2 million hogs per week. The difference would be over $200 million a week for the industry (that’s if hogs not sold ahead or margin calls downside). A massive difference year over year. Compound the fact feed costs are down, writes Jim Long.

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