Source: Chris Hurt, Dept. of Ag Economics, PURDUE UNIVERSITY, 7/6/15


Weather damaged corn and soybean fields are also harmful to hog producers. Rising feed prices mean higher costs of production for the pork industry. Recent higher corn and soybean meal prices have increased anticipated hog costs by about $10 per head. These higher feed costs shift the outlook from one of modest profits to losses of about $6 per head over the coming 12 months.

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