younger hogs on a farm Scott Olson_Getty Images News

LIVESTOCK MARKETS: Hog prices outperform expectations

Recent live prices have reached mid-$50s, pulling industry out of deep losses and into profitability.

Purdue University livestock economist Chris Hurt said the pork industry outlook has made a major shift to the upside as pork producers this year have been experiencing higher-than-expected hog prices.

According to Hurt, the low point for the industry was in late November, when hog prices dropped to near $32/cwt. on a live weight basis, but recent live prices have reached the mid-$50s, pulling the industry out of deep losses and into profitability.

“The leading reason for

All access premium subscription

This content requires a subscription to Feedstuffs in order to access. If you are a paid subscriber, use your email and password to Log In now.


Current Feedstuffs Subscribers: Online and mobile access are now included at no charge to you. To read this article, use your subscriber email and password to log-in to your account (or contact us for assistance in updating your account.)


Not Currently a Subscriber: Subscribe NOW to Feedstuffs and receive our print and/or digital publications, enewsletters and premium online content. Visit Feedstuffs.com and click on Subscribe at the top of the page for more information.


SUBSCRIBE NOW https://circulation.feedstuffs.com/Publications.aspx


TO RENEW YOUR SUBSCRIPTION https://circulation.feedstuffs.com/SubscriptionOffers.aspx


Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish