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The volatility in the cash hog market continues as prices have been climbing off the lows earlier in the year.
Lee Schulz, a livestock economist at Iowa State University says seasonal production is a large factor. “This is typically a time where you do see stronger prices as you get into summer with tighter supplies and tighter demand as you’re working through summer grilling and promoting pork to see strong demand.”
He tells Brownfield some buy-up from retailers and wholesalers ahead of the previously set July 1 implementation of Proposition 12 in California could be contributing to the higher push in prices, but it’s likely other factors.
Written by: Leah Jones