An ag economist says his outlook for the swine market is ‘not terrible, but not great.’

Steve Meyer with Partners for Production Agriculture tells Brownfield right now, based on Iowa State University’s cost and return analysis for pigs, the ‘low cost’ 25 percent of producers could make a profit…

“They could lock in about $7.50 head profit for the year,” he said. “That would put that average producer at a loss of probably about $2 to $3.”

He said current futures prices for hogs are higher than what he thinks the cash market will be, leading to some pricing opportunities.

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