Livestock Risk Partners

“Don’t get sleepy in your risk management, if you have opportunity to cover a profit, take it!”———–Jim Mintert, Purdue University
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Slow Out of the Gate, Pork Industry Needs to Keep Demand Up

A relatively sideways year ahead in pork production with a need to keep the demand up, Scott Brown, livestock economist, associate extension professor and interim director of the Rural & Farm Finance Policy Analysis Center at the University of Missouri, forecasts for 2023 pig production.  In a recent “AgriTalk” conversation, Brown says, “We’ve seen kind of a struggle here out of the gate in 2023, and you look at those longer-term futures contracts across there, and to me, that kind of spell that out for all of 2023.”