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WASDE Report Brings Good News for Pork Producers

2013-11-11 22:25:00| National Hog Farmer

Was Fridays World Supply and Demand Estimates (WASDE) report from USDA the nail in the coffin for high grain and feed prices? I guess not if you consider $4/bushel still high for corn or $400/ton still high for bean meal. I would have to agree on the latter of those two but $4/bushel is so far below the past few years predominant prices that I have to say that one is a short-term win for sure. The longer term isnt certain at all but the trend is definitely good. read more

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