LIVESTOCK MARKETS: Pork production accelerating

More competition from beef and poultry could constrain hog processor margins.

Strong second-half pork production, coupled with increases in beef and poultry supplies, is expected to result in lower hog prices, which will likely pressure producer margins despite lower feed costs, according to U.S. Department of Agriculture agricultural economist Mildred Haley.

“While lower hog prices tend to favor processor margins, added competition from beef and poultry could constrain those, as well,” Haley said.

Commercial pork production is expected to be 6.1 bill

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