2023 will go down as one of the worst years on record for pork producers.
Christopher Pudenz with Iowa Farm Bureau says from a profitability standpoint, it rivaled 1998.
“Which is kind of the benchmark for how bad things can get.”
He tells Brownfield there’s uncertainty ahead.
“But it seems after a bit of improvement in margin estimates these last couple months, that futures are telling us and a little bit of modeling tells us we could be heading into a double dip here.