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How Will the Disrupted Holiday Week Impact the Pork Market in the Weeks Ahead?

The holiday shortened week likely caused some disruptions in both product and livestock markets, Steiner Consulting reports in the Daily Livestock Report.

Analysts shared insights into the data that came out on Friday and Saturday and implications for the weeks ahead. 

Hog slaughter last week was estimated at 2.223 million head, down 376,000 head from the previous week as well as 32,000 head lower from a year ago. This is a 1.4% drop year over year. 

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Ag Group Promotes USMCA Renewal

Video: Ag Group Promotes USMCA Renewal

The USMCA was signed by President trump in January of 2020, but now the President is considering quitting the trade pact in favor of annual renegotiations. Industry groups, especially those that promote American agriculture, are promoting the renewing of the USMCA to deliver consistency to trade.