Source: Chris Hurt, FARM DOC DAILY, UNIV. OF ILLINOIS, 2/27/17


The pork industry outlook has experienced a major shift to the upside. Pork producers are pleased to see 2017 hog prices higher than expected. The low point for the industry was in late November when hog prices dropped to near $32 per hundredweight on a live weight basis. Recent live prices have reached the mid-$50 and have pulled the industry out of deep losses into profitability.

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