A pork processing plant is closing its doors. How will it affect the industry?
This year’s hog market could see a few challenges when it comes to production, inputs, and export opportunities.
In roughly one month, Smithfield will be closing its only plant in California. One economist says that will hurt come the fourth quarter.
“We lose a packing plant here in the next three, four or five weeks in Los Angeles, California, and that won’t be a consequential thing until the fourth quarter and it might be then. There’s a chance we’ll get some double shifts started at a couple of plants, there have been talking about it. There’s nothing concrete we could really use them,” said Dr. Steve Meyer.
Dr. Meyer says the fourth quarter could show an increase in sow retention but says it is important to remember there is plenty of time between now and then.