Hog Prices Set To Surge...Again
Gene Johnston, Successful Farming/Agriculture.com contributor, uncovered some thoughts on the hog market at the World Pork Expo. A hog market rally is all teed up. Why? See the full explanation in his story:
Re: Hog Prices Set To Surge...Again
Media hype and market gurus!
10% less hog numbers for the year? PED cases peaked in February which should result in peak hog number losses in July-August-September time period. We have had 4% reduction up to that time period and will have less after. That means we will need a 28% hog number loss in July, August and September to average 10% for the year. 28%. That is what the gurus are predicting "between the lines". Funny.