Market Activity

The protein market was quiet to start the week with no action reported. Soybean meal shed $6.7 from the May contract today, erasing half of Thursday’s post report gains. As has been said ad nauseam, values on proteins still remain favorable to soybean meal.

Hog Slaughter Outlook

Pork production continues at a strong pace with just shy of 2.4 million head processed last week. Kills are forecast to slow down from March’s pace with the…