High feed costs have strained many hog operations this year.
Compeer Financial director of swine lending Steve Malakowsky says elevated corn and soybean prices are impacting profitability.
“It really hasn’t been a revenue issue, it’s been more of a cost issue. Which we hope is going to be rectified with the higher crop yields in 2023 potentially with corn and soybeans.”
He tells Brownfield a Compeer database of 20 companies shows how difficult the year has been for the industry.
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