The director of swine lending for Compeer Financial says feed costs are eating into pork profits.
Kent Bang tells Brownfield western Corn Belt negotiated hog prices are currently in the $100 to $105 dollar range.
“Very strong from a historical standpoint in terms of revenue per-head, it’s been very good. But as everyone is aware, corn hit a new high recently.”
He says that makes it challenging to maintain good margins.