Why is the price jumping? Europe lost significant money per hog for many months. A combination of low hog prices and high feed costs. The one fact of our industry: producers lose money, you end up with less hogs. We expect Europe’s hog slaughter will continue to decrease over the coming months as the sow herd liquidation cuts numbers further.
That's the opinion of global industry analyst Jim Long (Genesus) in his latest report. More at: e1.envoke.com