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U.S. producers are weighing whether to keep breeding sows or send them to slaughter as hog prices reach their highest in years. Hog supplies are tightening just as demand is picking up.
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Tighter hog supplies and strong demand point to continued support for lean hog prices, while sow slaughter could add near-term supply.
bloomberg.comMichael HirtzerMar 25, 2021Not 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.
