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Pork prospects improve

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The first quarter of 2024 has seen a slight rebound for the pork industry. 

Steve Meyer, chief livestock economist for Ever.Ag, says the price picture for hogs has improved recently…

“It’s better, but I won’t say it’s great by any stretch.”  He says, “Primarily with the reduction in cost of production, corn prices, bean meal prices have gone down to the tune of somewhere around $25 a head. That just comes right to the bottom line.”

He tells Brownfield demand improvements have also helped…

“We’ve had pretty robust hog demand, very robust wholesale pork demand.”  He says, “Exports have been good.

Pork prospects improve