Hog numbers are up…will profits follow?
Story Date: 1/9/2020

 

Source: SOUTHERN FARM NETWORK, 1/8/20

The number of hogs being raised in the U.S. has been going up since mid-2014. However, it isn’t necessarily because profits are great. The last Hogs and Pigs report released by USDA, back in December, was a record-setter at 77 million 338 thousand. That’s three-percent more than year ago. The expansion comes despite unprofitable margins and uncertainties related to trade issues says Jason Franken of Western Illinois University.

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