Hog Inventory Breaks a Record

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2015-11-01
Authors
Schulz, Lee
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Schulz, Lee
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Economics
Abstract

From 2011 through 2014, the lean hog price needed to cover production costs averaged $83 per cwt, as calculated by Iowa State University’s Estimated Livestock Returns. Lower feed costs trimmed the 2015 breakeven price for farrow-to-finish operations to about $66 per cwt. It goes without saying that the market wants to buy more hogs at $66 per cwt than it did at $83. Lower costs let producers increase the herd to get quantity supplied closer to demand.

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This is an article from Wallace's Farmer (2015): 94. Posted with permission.

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Thu Jan 01 00:00:00 UTC 2015
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