USA - Hog industry show losses averaging $22.50 per head from 2007 to 2009
http://www.the-infoshop.com/report/das113257-us-hog.html
18-Feb-2010 (16 years 3 months 23 days ago)According to a market research report, " Five year Forecast and Analysis on the United States Hog Market" by Doane Advisory Service, over the 23 month period, budgets show losses averaging $22.50 per head. With hog slaughter over that period totaling more than 220 million head, a total of nearly $5 billion in this downturn.
USDA' s forecast shows U.S. pork production falling by about 1.5 percent from 2009 to 2010. With a reduction in output of less than 2 percent next year, it is hard to see how hog producers will be able to return to solid financial footing. We expect a slightly bigger reduction of about 2.2 percent in output for 2010.
USDA' s forecast shows U.S. pork production falling by about 1.5 percent from 2009 to 2010. With a reduction in output of less than 2 percent next year, it is hard to see how hog producers will be able to return to solid financial footing. We expect a slightly bigger reduction of about 2.2 percent in output for 2010.