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A CoBank report says U.S. pork producers face rising costs for feed, labor and construction while hog values lag. Live hog purchases averaged $67/cwt over the 12 months to June 2023, up 45% from 2016-2020, and Iowa State estimates farrow-to-finish returns have fallen sharply since 2018.
Weak hog margins and higher feed costs are limiting herd expansion, which can reduce future demand for feed grains and meal.
feedstuffs.comKrissa WelshansJul 28, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
