Rising input costs and demand uncertainties are a couple of the factors that have contributed to liquidation in the US hog herd. Allendale chief strategist Rich Nelson says looking ahead to Thursday’s report one question remains, “whether we’re going to stabilize this herd or start expansion”.
University of Missouri’s Scott Brown says he’s also watching to see if sow inventory starts to grow. “We’ve kind of been telling ourselves we’ve been sliding along sideways,” he says.
