“Mexico still dominates U.S. pork exports, it's about a third of the export story,” said Will Sawyer, CoBank. “We really need to keep that market intact as we go through the rest of especially in 2019.”
Looking at hog sales in Dec. 2018 using Feb. 2019 futures, the weaner breakeven was $6.12, down $3.03 for the week. Breakeven is the estimated maximum you could pay for a weaner and break even when selling a market hog.
AgriTalk host Chip Flory gets the rundown from the guys at Pro Farmer. Editor Brian Grete, and new Sr. Market Analyst Jeff Wilson joined the show on Tuesday. Newsman Davis Michaelson covered the day’s action.