A swine lending specialist wonders how high feed costs might go.
Kent Bang with Compeer Financial says 2022 market dynamics make risk management difficult for pork producers.
“Because costs are escalating and there are supply chain interruptions that we’re really not totally understanding as of this point.”
He tells Brownfield corn, a major component of hog diets, will be pressured by dramatically higher input costs.
“If we continue to have escalating prices and supply chain issues, we may see some switch to soybeans.