pork

Pork Industry Expanding

Dan Hogs & Pork, Industry News Release

A new report out from CoBank says rising global demand for pork and stronger profitability will create a strong incentive for American pork processors to expand their capacity. Increased competition among processors may lead to a tightening of packer margins and give producers much more favorable prices in the months ahead. CoBank economist Trevor Amen says, “U.S. pork processing capacity …