2024 will be better for pork producers but not great, according to ag economists
Ag economists say this year was one of the least profitable for pork producers, and they need to carefully manage their risks.
Steve Meyer with EverAg tells Brownfield Ag News next year will be better but still not ideal. He says producers need to do everything possible to reduce costs and minimize losses. At the same time, Meyer says using insurance like livestock risk protection can help keep a floor.
In 2025, he says the only way to return to profitability will be to reduce supply.