Hormel cuts pork production due to piglet virus
date:May 22, 2014
which ended April 27.

Our outlook would be that when it comes to say the pork prices, that we do think this will be a several month process, but we dont think theres been a systemic change in the cost picture in the pork industry, Mr. Ettinger said. The beef price increases everybody kind of saw coming and certainly is a little bit more of a systemic challenge. I think in the long run they are expecting to build it (live hog supplies) back but thats not going to happen overnight.

Mr. Ettinger
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