2023 historically bad for pork producers – Voice Of Muscatine

2023 historically bad for pork producers

2023 will go down as one of the worst years on record for pork producers.

Christopher Pudenz with Iowa Farm Bureau says from a profitability standpoint, it rivaled 1998.

“Which is kind of the benchmark for how bad things can get.”

He tells Brownfield there’s uncertainty ahead.

“But it seems after a bit of improvement in margin estimates these last couple months, that futures are telling us and a little bit of modeling tells us we could be heading into a double dip here.

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