Source: Anna-Lisa Laca, AGWEB, 9/6/19


USDA is forecasting 10.8% higher hog prices year-over-year in 2019. While there are many factors at play, improving exports and packer competition are driving prices higher, said Millie Haley of USDA’s Economic Research Service.  In July, U.S. pork exports topped the record held since April 2018, according to the U.S. Meat Export Federation (USMEF). July pork exports surged to 233,242 metric tons (mt), up 32% year-over-year.

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