hog prices

Hog Prices Expected to Increase in 2017, Despite Challenges

Hog prices are expected to increase this year, even as pork production is expected to increase by three percent, according to a Purdue University agricultural economist. Christ Hurt writes that stronger demand will support prices because of a growing U.S. economy, and by a robust eight percent growth in exports as projected by the U.S. Department of Agriculture. Hurt says …

NPPC Farm Bill Priority: FMD Vaccine Bank

The U.S. pork industry’s top priority for the next Farm Bill is establishing a Foot-and-Mouth Disease (FMD) vaccine bank, the National Pork Producers Council told a House Agriculture subcommittee in testimony. “If this country ever had an FMD outbreak, it not only would devastate my farm and the whole livestock industry but the entire U.S. economy,” said NPPC Vice President …

Ag in Review for the Week Ending March 10, 2017

In our recap of agricultural news from around the Southeast for the week ending March 10th, we talk about avian influenza, family farms, have a peanut contract price update, exports of cotton, beef and pork,

Analysts say Bacon Shortage Not Likely

Despite record low U.S. pork belly inventories, analysts say a bacon shortage is not likely. In early February, the Ohio Pork Council fueled alarms by publicizing that pork belly stocks were at their lowest levels in half a century. While the group added there was not an actual bacon shortage, several media outlets published reports suggesting otherwise.

Record Year for U.S. Pork Exports

U.S. pork exports set a new volume record in 2016, reaching 2.31 million metric tons, thanks in part to a fifth consecutive record year for exports to Mexico. U.S. Meat Export Federation’s Joe Schuele has more on the story.