Hog Slaughter Forecasted for Seasonal Decline

Protein prices were steady this afternoon with the markets unchanged. Demand remains strong from the feed and pet food sectors.

Hog slaughter finished last week at an estimated 2.79 million head. If the 2.79 million head are realized as actual, it will be the third highest weekly production number on record. The weeks ending Dec 7 and Dec 21 of 2019 were the highest, with production over 2.8 million head. The Jacobsen…