In this episode of Feedstuffs Precision Pork, Mark Hulsebus, Swine Commercial Director at Cargill, offers some animal feed and hog market perspective. The headwinds of inflation dramatically altered the opportunity to lock in profits in the pork sector over the past 30 days.
As consumers struggle with higher costs in generally every sector, the question becomes how much higher meat prices are eroding demand for animal-derived proteins. Hot, dry weather across much of the Corn Belt also present some concerns with regard to producer profitability as a tighter grain supply come harvest would send prices higher and further escalate producer costs.
Finally, Hulsebus provides an update on lean hog values and explains what the profit picture looks like over the next 12 months and where opportunities to lock in profits might exist.
These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s episode or want to discuss something not covered, feel free to ASK MARK at [email protected].
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Plan today for tomorrow’s success.