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CME: Slaughter Estimates During 'Missing Weeks' Up Six Per Cent

2013-10-23 02:00:00| ThePigSite - Industry News

US - An errata is in order this morning. If you looked at our statement yesterday about USDA hog inventories "underestimating" recent slaughter and said "What?", you were quite well-founded. Obviously, the September report has thus far overestimated pig numbers relative to last week’s slaughter and what we believe to be the slaughter levels of the two previous weeks, write Steve Meyer and Len Steiner.

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