National Ag News
More optimism in the pork industry for 2017
Apr 11, 2017, 17:33 PM
by
System
A livestock economist says there’s a little more optimism in the pork industry this year.
Purdue University’s Chris Hurt says hog prices are expected to rise – despite a projected three percent increase in pork production. “The national production is about at the level that we can sell at a price level that covers all costs of production,” he says. “That’s kind of a rare event in any industry it seems like.”
He tells Brownfield prices will be supported by stronger domestic demand as the US economy continues to grow and a projected 8 percent increase in exports.
Continue reading More optimism in the pork industry for 2017 at Brownfield Ag News.
