Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 12/4/17

Hog prices this fall have been stronger than anticipated. In early October, USDA analysts estimated that fourth quarter live prices would average $38 to $40 per hundredweight. Now it looks like the actual price will be $46 to $47. It is always enjoyable to exceed expectations, but what is the source of the better hog prices and will those factors continue in 2018? The answer to the last question appears to be YES!

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