By-Product Value Upward Trend

Graphic -- HOG BY-PRODUCT VALUE Live Animal Basis, Weekly

The steer, cow, and hog by-product values have been trending upward since the start of the year. The steer hide and offal value has increased 34.0% ($3.10) and reached its highest value this year at $12.23 per cwt last week. The hog by-product value was $4.96 per cwt, up $1.19 (31.6%) from last year and 33.0% ($1.23) higher than the five-year average.    

For more on this topic, see the Livestock Monitor article below.