McLean County Farm Bureau

This year’s average hog price could be the second-highest on record.

And hog farmers will likely see that continue in 2023. But profitability will depend on farmers’ risk management and marketing programs as inflation and high feed costs tighten margins. “There’s a lot of tools out there to put some protection under these relatively strong (hog) prices,” said Lee Schulz, associate economics professor at Iowa State University. He discussed the hog market outlook during the Ag Bankers Conference. READ MORE