Hog Slaughter Forecast to Drop Steadily Through April

Four cars of packer BFT traded lower this afternoon. Overall the market was fairly quiet with buyers and selleres continuing to digest the constant stream of news related to COVID-19. 

Hog slaughter finished last week at an estimated 2.75 million head, up 9 percent from a year ago levels. The slaughter is forecast to trend lower over the next six weeks, projected…