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WASDE Report Slightly Raises Hog Costs

2013-08-12 22:00:00| National Hog Farmer

By Steve Meyer, Paragon Economics, Inc., Adel, IA Is the opportunity for the lowest possible costs for the next crop year gone? That depends on a lot of factors, but todays World Agricultural Supply and Demand Estimates (WASDE) report from USDA predicts lower-than-expected yields and, consequently, higher prices than futures markets had been reflecting. USDAs actual forecasts for corn and soybean supply and usage appear in Tables 1 and 2 of todays report. read more

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