Reports of PRRS and PEDv Pose Latest Challenges to U.S. Hog Producers

Despite being deeply overbought technically, lean hog futures continue to climb. Hog futures hit fresh contract highs across the board in early trading action today. Along with expectations of solid domestic and export demand as China continues to rebuild its hog herd, hog futures appear to be pricing in the possibility of short market-ready supplies heading into the spring and summer.

Market managers and livestock dealers note that producers in western and eastern hog states are currently contending with an outbreak of PRRS (Porcine Reproductive and Respiratory Syndrome), as well as...

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