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Here’s what some of our friends in the pork industry are fixing for the second biggest “food holiday” of the year. When you’ve got Super Bowl snacks this good, it doesn’t matter which team wins!
Despite everything 2020 has thrown at the pork industry, Scott Brown, University of Missouri ag economist, says hog production is lining up reasonably well right now. He shared his thoughts on what’s ahead on AgriTalk.
Cash-traded weaner pig volume was below average this week.
Looking at hog sales in September 2019 using October 2019 futures the weaner breakeven was $64.79, up $17.47 for the week.
Looking at hog sales in October 2019 using October 2019 futures the weaner breakeven was $99.70, up $12.61 for the week.
Looking at hog sales in November 2019 using December 2019 futures the weaner breakeven was $93.71, down $9.73 for the week.