National Ag News
Pork industry expansion continues
As expected, last week’s hogs and pigs report showed continued expansion in the pork industry.
USDA livestock analyst Shayle Shagum says producers are feeling confident right now.
“There’s a feeling of optimism on the part of producers that the demand will be there to accept these larger number of hogs, at reasonably good returns,” Shagum says.
He says that optimism for more demand is being fueled, in part, by the two large processing plants—in Iowa and Michigan—that have come online since September, “which are still operating at either a shift, or slightly less than a full shift, and have intentions to expand to a second shift during 2018.”
And one more plant—the Prestage plant in Iowa—is set to open in 2018 as well.
Continue reading Pork industry expansion continues at Brownfield Ag News.
