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The 40-pound cash feeder pig price reached $57.32, its highest since April 2023, with pig prices far above year-ago levels. Sow liquidation continues and Quebec is paying producers to exit the industry.
Rising feeder pig values and strong finisher margins point to restocking demand and higher hog prices, supporting feed grain demand.
thepigsite.comLaurence WilliamsFeb 8, 2024Not 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.
