Driving Cost Out of the Production System
By Gary D. Dial, DVM, PhD, MBA, Janelle R. Roker, DVM, and Steven A. McWilliams, MS, Greenleaf Agribusiness Group and published by Prairie Swine Center - As recent history of the U.S. swine industry has evidenced, survival in today’s uncertain economic times depends upon a pig production business having either (1) marketing agreements that provide complete price protection against prolonged declines in both carcass and meat prices or (2) competitively low costs of production along with a marketing agreement that at least dampens declines in market prices.