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Supply issues affect pork producers in 2015

2015-06-22 15:18:00| National Hog Farmer

By Kent Bang, AgStar Financial Services During the past 60 days cash hog prices moved up seasonally from lower $60’s, in early April, to low $80’s, in mid-May, only to stall out since that time and trade a narrow range in the low $80’s.  While the market move provided some positive margins, following a disappointing first quarter, over the past four weeks the outlook has caused a decline in futures prices for August, October and December by $7 - $8 per cwt. This move erases a lot of optimism for 2015 at this point. read more

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