date:Jul 19, 2012
at record highs and aren't seen dropping a whole lot in the near future.
Estimated costs of pork production have reached record high levels for the third quarter of this year, at $72 per hundredweight, and drop only to $69 for the fall and winter, says Purdue University Extension livestock economistChris Hurt. Hog prices cannot reach those lofty costs with losses anticipated to be about $20 per head for the next three quarters. There is little hope to cover costs until feed prices move lower,