LIVESTOCK MARKETS: Hog slaughter numbers far bigger than expected

LIVESTOCK MARKETS: Hog slaughter numbers far bigger than expected

Weekly hog slaughter last week reported 8% larger than a year ago.

Len Steiner, in the “Daily Livestock Report,” called recent hog slaughter numbers “truly shocking” and noted the ongoing fear that hog supplies are larger than what packers can handle.

At 2.466 million head, weekly hog slaughter last week was reported 8% larger than a year ago and far bigger than expected based on the U.S. Department of Agriculture's June "Hogs & Pigs" report, he said, adding that the last time “normal” processing capacity was exceeded was in the fall of 1998,

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