David Williams, director of Global Protein at Informa Economics IEG, said the hog market appears to have finally found a bottom -- the result of improved demand. “We’re not going straight up, but it’s about moving upwards,” he said.
Packers are trying to maintain $30-per-head margins currently. “They’re trying to move a ton of meat,” Williams added.
Even with the increased production, the pork cutout has fallen only a little more than
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