Study highlights hog pricing trends
NPPC works closely with committees to advocate for improvements to Livestock Mandatory Reporting and other tools, such as USDA’s Swine Contract Library.
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NPPC works closely with committees to advocate for improvements to Livestock Mandatory Reporting and other tools, such as USDA’s Swine Contract Library.
Despite some market signals that usually result in expansion, cattle and hog producers are likely to wait until at least 2025.
Retail egg prices rose between 7.2% and 9.2% from the 2022 outbreak, according to a University of Arkansas paper.
Last year it cost more to raise a hog than it brought in at sale. This year is looking slightly better so far for pork production, but input costs—such as energy and labor—remain high.
2023 broke pork export records and was a bright spot in an otherwise dismal market.