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Pork Demand Stays Strong in First Half of 2013

2013-08-16 22:50:00| National Hog Farmer

By Joe Vansickle The total first half 2013 commercial slaughter at 54.651 million head vs. 54.765 million head last year or 114,000 head lower, is reflected in higher average first-half hog prices and also stronger year-over-year demand for pork products, says the Livestock, Dairy and Poultry Outlook published today by USDA’s Economic Research Service (ERS). Average first half 2013 prices of 51-52% live equivalent hogs were $62.25/cwt., nearly 1% greater than average prices in the same period a year ago, the ERS report indicates. read more

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