date:May 13, 2014
xports were up 10.4 per cent and pork imports were up 2.4 per cent. Feeder pig imports were down 0.8 per cent in March. Imports of other hogs were down 4.3 per cent.
The May WASDE lowered USDA's forecast of 2014 pork production by 105 million pounds. They now predict 2014 pork production will be down 2.3 per cent from last year to the lowest level since 2010. USDA's forecast for live hog prices in 2014 is for an average somewhere between $76/cwt and $80/cwt which is well above the 2011 record o