The Key To Recovery For Hog Producers

US - A hog market analyst in Memphis, Tennessee says immediate sow herd reduction is the key to the recovery of the hog industry.

American pork production has grown by 11 per cent in 2008. Ron Geitz says he expects production will be scaled back to last year's levels by the 4th quarter of 2008, with the American lean hog price around $55.

He notes American producers, unlike their Canadian counterparts, have just come off 4 consecutive strong years. Geitz says this is part of the problem since Americans are only starting to feel the pressure brought on by the excess supply of pork.

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Source: Steinbach Online

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