date:Jul 19, 2012
Hog and cattle farmers are fighting skyrocketing feed costs and, as a result, margins are drying up quickly and herd numbers are shrinking. The result is a picture that's lost
much of the optimism that characterized the livestock sector a few months ago.
Just a few months ago, the prognosis looked profitable for the hog sector. Production costs were reasonable compared to today, while the marketplace was improving. The drought put a quick end to that trend, though, and now production costs are