Tight Supplies Adding Continued Risk for Higher Prices

Trading was quiet in the protein market to start the week, but higher prices are expected as buyers continue to reach for feed ingredients in the face of tightening supplies. Hog slaughter is forecast at 2.175 million head this week, down 2 percent from last week and 7 percent from last year’s levels. Slaughter over the next six weeks is forecast at an average of 2.283 million head per week, down 11…