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April lean hog futures closed the week of February 21 at $87.675, down $5.52 from Tuesday, as pork cutout values fell sharply. Iowa State estimates showed January hog production costs at $62.01/cwt, the highest since September, with rising feed prices expected to lift costs.
Rising feed costs squeeze hog producer margins and may reduce future supply, providing some support for hog prices even as cutout weakness pressured futures.
nationalhogfarmer.comRon PlainFeb 24, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
