LIVESTOCK MARKETS: Hog industry looking at profitable year

Analyst less enthusiastic about 2017 outlook due to anticipated slaughter capacity issues.

The hog market has certainly been an interesting one this spring, according to Steve Meyer, vice president of pork analysis at EMI analytics.

Per capita consumption typically bottoms out in summer and increases in the fall, but Meyer said the U.S. is currently running above last year’s number on per capita consumption.

“I think there is a good probability that we’ll end up stronger for demand this year, and that’s pretty remarkable, because we’re comparing to some pretty goo

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