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Monday, March 13, 2006

The Entire Livestock Complex Is Caught In A Slump

Pork predictions: The entire livestock complex is caught in a slump, and Lean Hogs are no exception. A warmer then normal winter in the Midwest allowed hog weights to stabilize, resulting in increased usable output per animal. This comes at a time when both beef and poultry prices are falling, providing solid competition for pork consumers. However, the futures market has taken these factors into account, with the most active April contract at a substantial discount to the CME Lean Hog index. Read More....