Runner Market Activity
Trading was steady this week with no changes in terms of the rolling average. The EU market was right around the rolling average with trading seen at €1,59 and 1,60. Sources continue to report that trading China has cooled off, but slaughterhouses are still pushing for higher prices. US slaughter should begin to pick up in the near term on hogs, putting more raw material into the market. With that said, the US hog production hasn’t necessarily had…
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