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Hog farm barns pigs FDS operation.JPG National Pork Board

Exports to support 2020 hog prices

Support for hog prices will be mostly through exports, with important demand increases coming from China.

Despite enormous 2020 hog numbers, hog prices are likely to average above year-earlier prices due to processor demand for hogs, driven by domestic and international consumer pork demand, U.S. Department of Agriculture livestock economist Mildred Haley noted in USDA’s latest “Livestock, Dairy & Poultry Outlook.”

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