Posted on: October 9, 2023

Oct. 9, 2023 - Hog slaughter was lower than the previous week but for the next 6-7 weeks slaughter should hover around 2.6 million head, helping bolster supply and pressure prices lower. Futures were lower earlier in the week, largely a knee-jerk reaction to the results of the September inventory survey. In the near term, however, wholesale pork prices have been more resilient than markets were expecting.

The post Pork Prices Seasonally Lower And With More Downside From Here appeared first on Pork Checkoff.

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