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Cash early wean pig prices rose about $8 per pig in two weeks to an average of $29.06, after falling below $10 a few weeks earlier. Lean hogs were averaging about $0.48 per pound, leaving many producers losing $20-30 per head.
The rebound in early wean prices signals improving demand for feeder pigs and tighter supply of weaned pigs. Lean hog prices remain weak, so hog feed demand stays subdued near term.
thepigsite.comGlobal Ag MediaNov 15, 2016Not 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.
