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How Will the Hog Industry Respond to Record High Profitability?

2013-10-28 15:07:00| National Hog Farmer

By Kent Bang, AgStar Financial Services Typically at this time of year, we would write about making financial decisions to position your operation through the fourth quarter and better hog prices, but this isnt a typical year. The run in hog prices beginning a couple of months ago has been counter-seasonal, to say the least. Driven primarily by slaughter numbers that were significantly off the USDA estimates provided in the September Quarterly Hogs and Pigs Report, it is clear to me that demand for pork picked up at the same time, probably replacing some beef demand. read more

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