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Lean Hogs Futures React to Report as Expected

2015-03-31 02:00:00| ThePigSite - Industry News

US - The USDA’s quarterly Hogs and Pigs report, released on Friday came in close to analysts’ pre-report expectations and Lean Hogs futures reacted as expected today with nearby contracts posting small gains and deferred contracts gaining $1.50 to $1.75, writes Steve Meyer in the National Hog Farmer.

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Pork Commentary: Quarterly Hogs and Pigs Report - Hope or Disaster?

2015-03-31 02:00:00| ThePigSite - Industry News

US - The USDA has released its March 2015 Quarterly Hogs and Pigs Report, but is it hope or disaster? writes Jim Long President – CEO Genesus Inc.

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Lean hogs futures react to report as expected

2015-03-30 23:41:00| National Hog Farmer

The March 27 quarterly Hogs and Pigs Report implies that there are going to be a lot more hogs on the market this year, compared to last year. Initially the market did not react harshly to these larger-than-normal year-over-year increases. They represent a return to pre-PEDV days and imply slaughter levels slightly larger than those of 2013 through the third quarter. read more

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Hog Outlook: February Hogs Sold for $3.12 Less Than Cost of Production

2015-03-23 01:00:00| ThePigSite - Industry News

US - Iowa State University calculations estimate the average hog marketed in February sold for $3.12 per head less than the cost of production. February was the first month with red ink since December 2013. Lee Schulz estimates the average breakeven price in February at $49.81/cwt live or $66.42/cwt of carcass, write Ron Plain and Scott Brown, University of Missouri.

Tags: of february cost production