Livestock Markets
The pork industry’s economic resilience is being challenged on all fronts.
Looking at hog sales in July 2019 using July 2019 futures the weaner breakeven was $64.99, down $2.23 for the week.
Looking at hog sales in September 2019 using October 2019 futures the weaner breakeven was $44.40, down $13.44 for the week.
Washington County, Iowa is a large pork producing state. Any disruption like the risk of African Swine Fever on U.S. soil would be a crisis for producers and their communities. AgDay national reporter Betsy Jibben has the story from Washington County, Iowa.
Cash traded weaner pig volume was above average this week with 50,115 head being reported which is 132 percent of the 52-week average.