With three new packing plants and the sow expansion that took place last year, along with additional sows being added this year, the barns will be built, but at what cost?
Understanding the relationship between cash and futures can help producers better manage their hedge positions and leverage the information being provided by the market to take advantage of opportunities that may present themselves.
As pork industry expands production into record-high territory sustaining strong exports is essential to prevent sharp declines in hog prices.
The jury is still out whether or not this is an impending storm. Economics are looking more difficult with higher slaughter numbers and expansion that continues.