Hogs & Pigs Report was excitingly average at best

IARN — For the past weeks and months, the markets have been taking hogs out behind the woodshed, for lack of a better term. Supplies have not been a problem for a few years now. That is keeping the market pressured and demand can change depending on which way the winds of foreign relations blow.

Yesterday we got the latest Quarterly Hogs & Pigs Report after the close. Robin Schmahl of AgMarket.Net reacted to the report as “flat.” He talks about what stuck out to him in this report.

For more on this story, visit the Iowa Agribusiness Radio Network.

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