date:Apr 16, 2014
as fall hog markets of October 99.40 and December 89.45 (last Friday) will lower profit potential relative to the summer markets.
We are all currently breeding sows for about the next February markets. February lean hog futures were $86.55 last Friday. $86.50 and $5.00 corn in our opinion means little profit potential. Certainly not the windfall profits being made right now.
Fed Cattle Marketings continue to run significantly below last year. Last week 573,000; a year ago 607,000, 6 per