Hog prices have not been enough to offset the high cost of production. The stress has been felt throughout the swine industry. “We’ve seen the steepest losses in the industry in more than 20 years,” said Holly Cook, economist, National Pork Producers Council. Cook expects the tough times to continue into 2024. “It’s not just been feed; it’s been the inflation we’re dealing with in the country, labor, supplies, machinery and now higher interest costs.”
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