Special Report

Tighter margins expected for pork producers in 2017

IMG_7643A livestock economist says pork producers could see smaller profits heading into 2017.

Profits for pork producers in 2106 have been pretty good – but economist Steve Meyer with EMI Analytics says that could change next year.

Meyer says he anticipates a more break even situation in 2017.  “We think there is going to be some substantial increases in slaughter in the fourth quarter this year into next year,” he says.  “The big risk we face is slaughter numbers relative to capacity relative to fourth quarter this year and that could put some pressure on prices.”

He tells Brownfield as the new packing plants come online in mid-2017 – it will ease some of the prices pressure on pork producers.

AUDIO: Steve Meyer, EMI Analytics

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