Rabo Ag Focus - US Hogs
Hog production has been a profitable pursuit in the U.S. for much of the last three years. Solid domestic demand, stellar export growth and continuous improvements in productivity and the cost of production have been the cornerstones of this performance.
Three key issues will heavily impact hog producer competitiveness and profitability over the coming years: rate of production growth in light of strong domestic and international demand, trends in contract production and associated risks and rewards, and competition for feed grains from alternative energy.
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