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Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 2/26/18
The pork market has been favored by strong demand and that remains supportive for hog prices this year. Prospects remain positive for higher producer prices again in 2018 even in the face of a three to four percent increase in supply. However, a new threat to profit margins is being driven by dry weather in Argentina pushing up feed costs.
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