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Hog farmers will see some profit opportunities in 2017

 Hog farmers will see some profit opportunities in 2017
Phil Reed, right, explains his company’s vertical till injector during the 2017 Iowa Pork Congress in Des Moines. Listening to Reed’s explanation are Matt Bonebrake, another representative of Washington, Iowa-based Vertical Till Injector, left, and pig farmers Vernold, Duane and Dustin Woebbeking of Gladbrook. PHOTO/GARY FANDEL

There are still opportunities for pork producers to lock in profits for 2017, a market analyst told producers last week at the 2017 Iowa Pork Congress in Des Moines.

"The profit outlook for this year isn’t good, but it’s much better than what we saw in the fourth quarter of 2016. There’s still black ink for 2017," said Steve Meyer, vice president of pork analysis for EMI Analytics, Inc.

Pork profits in 2016 averaged nearly $5 per head. This year, producers are looking at $1.89 per head returns.

"The fact that it’s ...




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