Hog Profits Slip

Spencer, IA: Purdue University Extension Economist Chris Hurt says the hot, dry weather is threatening what had been a bright outlook for pork producers.
Hurt says the recent rapid increase in corn and soybean meal has raised expected costs by about 5 dollars per live hundredweight from early August.

While the economist still expects the hog-raising business to be profitable, he cautions expansion needs to be constrained to no more than 3 percent over the next year.