Cargill Commercial Swine Director Mark Hulsebus takes a look at the feed and hog markets. Despite ongoing volatility and near-record inflation, producers have an opportunity to lock in profits for the coming year.
In this episode of Feedstuffs Precision Pork, Mark Hulsebus, Swine Commercial Director at Cargill, offers some animal feed and hog market perspective. Despite the headwinds of an inflationary environment the U.S. hasn't seen in more than 40 years, the opportunity to lock in profits in the pork sector looks relatively strong over the coming 12 months.
Although consumers are struggling with higher costs in generally every sector, they did not appear to turn away from meat purchases this summer, and that continued strong demand is a key part of the story. Exports also continue to outpace expectations.
Finally, Hulsebus provides an update on the outlook for swine production profitability given continued volatility in the markets, in the weather, and in the geopolitical realm. Surprisingly, the opportunity to lock in profit in some traditionally lean months is now on the table.
These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s episode or want to discuss something not covered, feel free to ASK MARK at mark_hulsebus@cargill.com.
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