# Increased packing capacity helps pork industry grow - Brownfield Ag News

> EMI Analytics said new pork plants in Iowa and Michigan lift total US hog slaughter capacity to 2.6 million head per week, and another Iowa plant opening next fall plans to buy half its hogs on the open market. Analysts say producers can price inputs and products into 2018 at profitable levels.

- Date: 2017-12-11 · published 2017-12-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67639-increased-packing-capacity-helps-pork-industry-grow-brownfield-ag-news
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Added packing capacity increases competition for hogs, which can narrow packer margins and support producer prices, while also signaling higher future hog demand.

## Read by commodity

- HOGS: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/increased-packing-capacity-helps-pork-industry-grow/

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