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USDA’S June Hogs and Pigs Report told us where the industry is and where it may be headed. The report showed a big surge in inventories compared to the PEDV-depressed levels a year ago. But inventories aren’t that far out of line with June 2013 levels prior to PEDV.
Schulz, Lee L., "Perspective Makes a Difference" (2015). Economics Publications. 464.