Recent price support caused by a lower national yield forecast dissipated this week, as negative consumption news and improving weather for harvest appeared, says University of Illinois ag economist Todd Hubbs.
“The No. 1 reason slats go bad is age,” said Andy Altenburg at the 2019 Missouri Pork Expo. After 20 years building and repairing hog and cattle barns, he’s seen about every situation-gone-wrong you can imagine.
USDA's acreage numbers injected a substantial amount of uncertainty into both markets that appears set to stay in place throughout the summer, according to University of Illinois agricultural economist Todd Hubbs.