Associated Press
12-28-06
Analysts say hog producers may see declines
DES MOINES, Iowa A record run of hog profits could end as early as this winter
because of higher corn prices and record numbers of hogs on Iowa farms.
That's according to pork industry analysts who say producers have been making
money on each hog sold dating to February 2004, causing many to invest in new
confinements.
Also putting pressure on profits is an increase in corn prices, which have climbed
36 percent since January.
The figures are from estimated returns compiled by Iowa State University
Extension economist John Lawrence.
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