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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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Grain Markets - Doug Simon

Video: Grain Markets - Doug Simon

Grain markets are working through a mix of steady fundamentals and some outside pressure this week. The latest WASDE report was quiet, with few major changes to the balance sheets. But stronger corn exports and continued momentum in soybeans are giving producers something to watch when it comes to marketing decisions. To help us break it down, we're joined by Doug Simon with Tredas.