Hog slaughter finished last week at an estimated 2.325 million head, down 2.5 percent from year ago levels and 3.4 percent from the week prior. The next six weeks are forecast at an average of 2.379 million head per week, down 10 percent from the prior six week average and up 1.6 percent compared to year ago levels. At present, the week per head capacity of downtime in the hog market is just shy of 30,000 head per week. The lower production numbers and…
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