date:Apr 29, 2014
Iowa State University estimates the typical Iowa market hog was sold at a profit of $92.35 per head in March.
That is a new monthly record surpassing the old profit record of $64.68/head for hogs sold in September 1975. Cost of production for hogs marketed in March was estimated at $56.19/cwt live. March was the 14th consecutive month with lower cost of production.
USDA says there were 575.223 million pounds of pork in cold storage at the end of March. That was 12.1 per cent less than the mont