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Prestage Foods of Iowa is building a new pork plant near Eagle Grove, with about 500 workers still on site and the facility expected to open slightly later than planned, in early 2019. The plant will process hogs through an automated system and has storage for 2,000 pallets.
A large new hog processing plant adds future slaughter capacity and hog demand in the US, which is supportive for lean hog prices once it runs, though the impact is gradual.
messengernews.netChad ThompsonOct 1, 2018Not 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.
