Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 7/10/17


Pork producers are watching the weather forecast almost as intently as crop producers. Higher feed prices driven by weather forecasts are now a new threat to their returns. Current feed prices are already high enough to turn the 2018 outlook into expectations for losses. In the June Hogs and Pigs report, pork producers reported to USDA that they were continuing to increase the breeding herd by one percent. With continued increases in the number of pigs per litter, pork production has been growing at about two percent to three percent per year. 

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