Hog market weakness likely to persist

Hog market weakness likely to persist

A livestock economist expects recent weakness in the hog market to persist.

Steve Meyer with Ever.Ag says prices are off early spring highs because of slightly higher feed costs and weaker domestic demand.

“I wish I could say there were a lot of opportunities right now, but there aren’t. The opportunities were back in March and April, a lot of people passed up $105, $106, $107 hogs thinking we were going to $120.

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