Date: September, 2007
Abstract: Over the first seven months of 2007, lean hog prices in the United States (U.S.) increased inline with historical seasonal expectations, at the same time the industry has experienced surprisingly high weekly slaughter levels and higher year-over-year (YOY) feed prices. U.S. hog producers remain in one of the longest stretches of profitability in recent history (three plus years). Few would disagree that exports have been one of the key drivers of industry profitability over this period, and more...
Research Type: Ag Focus