USDA’s September Hogs and Pigs Report places the Sept. 1 inventory at 79.1 million head, a record for this quarter. Jason Franken of Western Illinois University says this could be a continuation of industry expansion.
Agricultural economists share their forecast prices for the next several quarters following the Sept. 24 announcement of the September 2020 Quarterly Hogs and Pigs Report in a teleconference funded by the Pork Checkoff.
U.S. hog futures rose on Tuesday after more cases of African swine fever were discovered in wild boars in Germany. Government officials in Germany warn more cases of ASF in wild boars are to be expected.