Pork Profits in 201517 March 2015
US - In recent weeks, live hog prices reached five-year lows, according to Megan Grubner of Harrisvaccines.
Ag economist Chris Hurt says while hog prices have dropped significantly, he is still anticipating some profits in the pork industry in 2015, according to Megan Grubner with 'Pork Profitability' brought to you by Harrisvaccines.
“We thought about $25 per head of profits for this calendar year,” he says. “Now we’ve revised that down to a more modest $8 to $10 per head. I call it a break-even year or a break-even plus year. That’s certainly better than a loss year, but kind of startling that a turnaround in profits could come so quickly.”
Harrisvaccines provides new vaccine technology for animal health and is partnered with Brownfield to provide pork producers valuable industry insight.
Visit harrisvaccines.com to learn more about keeping your swine herd healthy and adding more profitability to your bottom line.
You can listen to last week's Pork Profitability report from Harrisvaccines by clicking here.
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