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Weekly Overview: Bulls, Bears and the US Pig Industry

2013-07-01 02:00:00| ThePigSite - Industry News

ANALYSIS - The latest US 'Hogs & Pigs' report has been described as 'slightly bullish', while 'bearish' is how a US-based grain analyst described the latest USDA corn acreage estimate, which has weakened grain futures. A new report from the University of Illinois compares and contrasts the pig industries of the US and China, which may be drawn closer together by the Shuanghui-Smithfield deal. New legislation has been drawn up to prohibit the use of human antibiotics in the feed and water of healthy farm animals if they jeopardise human health.

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