To restore hog producer profitability, one of three factors must happen
Pig numbers and pork supplies are important in and of themselves but there is a funnel in our system at the packing house level.
Source: nationalhogfarmer.com
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Pig numbers and pork supplies are important in and of themselves but there is a funnel in our system at the packing house level.
Economists at Iowa State University estimate the loss for hogs marketed in May at $38.43 per head.
Current environment is described by some long-time producers as the worst stretch of losses since the debacle in 1998/99.
Check out livestock expert Jeff Swenson's analysis of national and state livestock market reports.
Not even some of the highest inflation in more than 30 years has helped boost hog prices.