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Producers Speak Out on Industry Crisis

by 5m Editor
25 April 2008, at 8:35am

CANADA - Times are tough and not likely to get better in the near-term. The crisis in the livestock industry is drawing together farmers to discuss and debate their future options and 250+ independent pork producers from the Midwest and Canada recently met in Mankato.

Speaking to Farmsnews-Iowa, Mitch Truebenbach, a hog producer and owner of Agri Swine Alliance Inc. organized the meeting and said he knows firsthand the troubles facing the livestock industry.

“As I talked and listened to people outside our industry I realized people don’t know of the high losses we are facing with no end in sight,” he said. “Everyone that is in the livestock industry is struggling with record high production costs, with feed costs at prices that we have never experienced — so collectively I am hoping we can come up with ideas that may help us through these trying times.”

Bob Taubert, a producer from Minnesota, spoke about the impact of biofuels on the livestock industry. The consensus, he said, is that we have a failed policy with ethanol. The livestock industry is in crisis because of several factors including worldwide economic impacts such as growth in China and India and their demands for goods and commodities, he said. Additionally, the weak U.S. dollar makes commodities more attractive worldwide.

View the Farmnews-Iowa story by clicking here.

Further Reading

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5m Editor