Livestock Price Outlook - July 2003
By Chris Hurt - This report was issued following the USDA's Quarterly Hogs and Pigs Report. Pork producers can look forward to the next 18 months with some optimism as costs are expected to drop and hog prices are expected to remain at least high enough to cover all expenses. This is great news for many producers needing to improve their relationship with their lenders after about 14 months of operating losses.