Meat industry will fill supply gap

Meat industry will fill supply gap

PRODUCERS of beef and pork have generally been discouraged about recent low prices as cash prices have dropped sharply this year, according to Purdue University agricultural economist Chris Hurt.

Spring-finished cattle price highs had been near $138/cwt. but recently fell to $115/cwt., representing a $23 plunge.

The story is similar for hogs, Hurt added. After seeing yearly highs of $81/cwt. for a national lean price in the

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