Light Trade Into Labor Day; US and Canada Hogs Show Contraction

Light Trade Into Labor Day; US and Canada Hogs Show Contraction

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**The Jacobsen will be closed on Monday, September 4, 2023, in observance of the Labor Day holiday.**

Limited trade was reported for Thursday ahead of the three-day Labor Day weekend. Participants in the market continue to report unsettled tones due to the holiday.

USDA US and Canada Hogs and Pigs

The most recent August release of the USDA United States and Canadian Hogs report for the months ending June for the US and July for Canada, showed a relatively unchanged inventory from last year. From last year’s total…

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