Forward Hog Contract Prices Continue Positive Turnaround
by Cory Knutt, Discover Moose Jaw (Canada)
12 October 2020
Forward hog contract prices continue to trend upwards.
Tyler Fulton is Director of Risk Management with Hams Marketing Services.
"Forward prices representing the periods over the next two to six months are just a lot better than what they were just two months ago," he said. "We're looking at roughly 25 to 30 per cent improvement in forward prices which takes us from unprofitable hog production to profitable hog production by the start of 2021."
Fulton says cash markets...