Pork industry stable, profitable for anther year
From CattleNetwork.com - Pork Industry Looks For Third Profitable Year
Pork producers are going for a threepeat in 2006. That means a third consecutive year of profits for an industry that could hardly find a positive tilt from 1998 through 2003. The financial tide finally turned to black in the spring of 2004 and has been on a winning streak ever since. Profits in 2004 averaged about $9 per live hundredweight for farrow-to-finish production. That number was near $10 in 2005 and the forecast for 2006 is for profits to be around $6.