# It's Boom or Bust for the Pork Industry in 2020. Watch Out for the 4th Quarter

> Economist Steve Meyer of Kerns and Associates forecast 2020 would be either the best or worst year for the US swine industry, with large hog numbers and limited slaughter capacity in the fourth quarter. He advised producers to lock in hog margins and consider soybean meal and corn purchases, as he expects corn prices could rise.

- Date: 2020-01-23 · published 2020-01-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55230-it-s-boom-or-bust-for-the-pork-industry-in-2020-watch-out-for-the-4th-quarter
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expanding hog herds keep feed demand firm, and his corn and soybean meal outlook points to supportive feed prices, though the fourth-quarter glut risk could pressure hog margins.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- HOGS: neutral

## Sources

- agriculture.com: https://www.agriculture.com/livestock/hogs/it-s-boom-or-bust-for-the-pork-industry-in-2020-watch-out-for-the-4th-quarter

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.