An agricultural economist with the University of Missouri expects the response of livestock and poultry producers to lower feed costs to influence profitability during the rest of 2013.
An agricultural economist with the University of Missouri says how the weather impacts next year’s crop production will be the biggest factor impacting the profitability of North American hog producers.
The president of Paragon Economics suggests the key to restored profitability within the North American pork industry will be what happens with the weather and with next year’s crop.
In an effort to help those who supply its processing plants with hogs contend with higher feed costs, Maple Leaf is allowing contracted producers in Manitoba and Saskatchewan the option of reverting back to previous lighter finishing weights.
The Manager of industry and policy analysis with Sask Pork says, despite the current downturn in profitability, western Canada remains one of the lowest cost regions of the world to raise hogs.
The manager of industry and policy analysis with the Saskatchewan Pork Development Board is predicting a return to profitability within the western Canadian hog industry by next May.
An agricultural economist with the University of Missouri blames a combination of milder weather which has resulted in increased pork production and softer domestic and export demand for pork for a dip in hog prices this spring which has pushed profitability back into the red.
A U.S. based agricultural economist expects feed costs and meat demand to be key factors affecting the profitability of North American pork producers during the remainder of 2012.
The live swine production account manager with Agri Stats says the use of benchmarking to identify opportunities to improve efficiency can have a dramatic impact on the profitability of a swine operation.
The President and CEO of the Saskatoon based Prairie Swine Centre suggests, by focusing on feed, labor and utility costs, pork producers have an opportunity to improve the profitability of their operations.