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Purdue Economist Says Spring Pork Price Recovery Threatened

2013-03-08 11:51:00| National Hog Farmer

Source: Purdue University Purdue University Ag Economist Chris Hurt says falling hog prices raise concerns over the spring price recovery, and questions whether that recovery will be strong enough to push hog prices up to breakeven levels. Hurt notes that hog prices have dropped sharply in the past month, falling from about $67 per live hundredweight in early February to $58 recently. Futures prices have followed suit with April lean hog futures dropping about $7.50 since the beginning of February. read more

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