Easton, Minnesota pig farmer Dale Stevermer delivered the keynote address at the North Dakota Livestock Summit. Stevermer, who is a member of the National Pork Board, said the economy has been difficult for producers. “Demand in ’21 and ’22 went up and producers expanded to try to capitalize on that,” said Stevermer. Demand softened and pork supplies backed up in the system. Prices have remained below breakeven levels for 23 of the last 24 months. There is still reason to be optimistic about the future. “Come summer there is a pretty good chance of some profitability; there’s certainly been a reduction in the size of the sow herd.”
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