How will the pork industry fare in 2012? Dr. Steve Meyer says 2012 has five key issues to keep an eye on: exports, U.S. Demand, feed prices, hog/pork supplies, and packing capacity. Steve also highlights the relationships between crops and costs.
Total feed supply is going down. This means we either get more efficient or we get smaller.
How can you not love this! Pigs that play. This art and design project from Utrecht School of the Arts (HKU) Wageningen University and Research Centre aims to understand how provide entertainment to pigs.
The driver for this research is European legislation that requires pig farmers to provide entertainment in the pens to combat boredom, aggression and tail biting amongst pigs, which will hopefully eliminate the need for routine tail-docking.
Dr. Steve Meyer, Paragon Economics, provided an update on the state of the meat and poultry markets. His main take away is that the demand continued to struggle late 2011.
The bad news is that these "annual" numbers for 2011 have been getting worse and worse as the year has progressed.
Steve reminds us that the indexes only describe how demand is changing, not why a change is occurring. He believes consumer incomes and spending was the major negative force in the domestic market in 2011.
Charts below from Paragon Economics, using USDA data.
The 2012 Iowa Pork Congress, January 25-26, in Des Moines, Iowa offers insight and observations on the swine production, economics, and legislative activities. Don't miss this opportunity to connect with the presentation experts and discover more on the trade show floor.