Export slump creates challenges for hog farmers
Author
Published
6/13/2022
Short-term forecasts call for a challenging time for U.S. pork producers in 2022 as the export market remains stagnant fueled by war in Ukraine, decreasing domestic production numbers, a pork surplus in Europe and China’s industry rebuild following an African swine fever (ASF) outbreak.
Dermot Hayes, professor of economics at Iowa State University, told a standing room-only crowd at the 2022 World Pork Expo last week that U.S. pork exports have decreased 20% year-over-year following an export surge after China experienced an ASF...
Members Only Content
Join Iowa Farm Bureau or login to view all members only content and receive other member benefits.