Date of this Version
Live hog prices are very strong when compared to current hog supply. Supplies for the week ending April 10, 2004 were up 2.2 percent over the previous week, and 3.9 percent over the corresponding week in 2003. The national net carcass price was down -3.9 percent week over week, but up 23.4 percent over 2003. Monday’s (April 12, 2004) cash quotes in the mid-west ranged from up $2.00 in Peoria to up $1.50 in Sioux Falls. Average for cash quotes was up about $1.00.