11-16 news: Swine economist: Hog farmers' loss hits record levels
“Hog farmers are losing more money than they did in what they thought was a once-a-lifetime crunch just a decade ago,” Plain said. He spoke at the annual Swine Institute held in Columbia by the Missouri Pork Association and the MU Commercial Agriculture team.
“From October 2007 to October 2009 the average hog was marketed at a loss of $19.18 per head,” Plain said. Farmers lost money raising hogs in 23 of the last 25 months.