Hog Slaughter Could Test Packing Industry Capacity in Late 2016

Posted on 03/09/2017 10:22 AM
USDA's June 24 Quarterly Hogs & Pigs Report was viewed as bearish by the market, due largely to a comparatively large spring farrowings total. The industry expected most population numbers on the report to rise about 1% annually, but the combination of a 1.48% year-to-year increase in March-May sow farrowings combined with a 1.06% ...