"Since mid-April, the projected profit margin over a rolling four-quarter timeframe has fallen by approximately $33 per head. The decline can be traced to several developments on both sides of the margin equation: higher feed costs as corn supplies tighten and lower expected hog revenue as heavier carcass weights, abundant domestic protein supplies and a more competitive international pork market weigh on prices..."
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"Since mid-April, the projected profit margin over a rolling four-quarter timeframe ...
"Since mid-April, the projected profit margin over a rolling four-quarter timeframe has fallen by approximately $33 per head. The decline can be traced to several developments on both sides of ...
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"In this column, I typically focus on the fundamental drivers influencing hog ...
"In this column, I typically focus on the fundamental drivers influencing hog producer profit margins. While aggregate open market margins for the next year have retreated from recent highs, they ...
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"When we last wrote this column at the end of 2025, we emphasized the opportunity ...
"When we last wrote this column at the end of 2025, we emphasized the opportunity to protect a profitable 2026. At the time, open market margins for the following four quarters were sitting near ...
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“Since mid-April, the projected profit margin over a rolling four-quarter timeframe has fallen by approximately $33 per head. The decline can be traced to several developments on both sides of the margin equation: higher feed costs as corn supplies tighten and lower expected hog revenue as heavier carcass weights, abundant domestic protein supplies and a more competitive international pork market weigh on prices…”