Contact Us

Hog Prices Expected to Increase in 2017

FRANCE-AGRICUTLURE-PIG-FARM

Hog prices are expected to increase this year, even as pork production is expected to increase by three percent, according to a Purdue University agricultural economist. Christ Hurt writes that stronger demand will support prices because of a growing U.S. economy, and by a robust eight percent growth in exports as projected by the U.S. Department of Agriculture. Hurt says new packer capacity is also expected to contribute to stronger bids for hogs. Also, feed costs will be the lowest in a decade, and total production costs are expected to be at decade lows.

Based on USDA numbers, Hurt says pork supplies are expected to rise by five percent in April and May and then drop to a four percent increase for June through August. Three percent more pork can be expected for September through November of 2017 with supplies up one percent this coming winter compared to year-previous levels.

Click Here For More AG News on KOEL.com

Source  NAFB News

Best of the Web

Best of KOEL.com

Recommended For You

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://koel.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for AM 950 KOEL quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive AM 950 KOEL contests, events, coupons, presales, and much more delivered to you for FREE.