According to Purdue University Extension economist Chris Hurt, the headline for the last USDA Hogs and Pigs report could have been PEDv Losses Not as Large as Expected. "A week later, spring and summer lean futures are down nearly $10 per hundredweight, or about 8 percent," Hurt said. "For the pork industry, the USDA's March Hogs and Pigs report was the most anticipated in decades.
- Apr. 16, 2014