Oklahoma's Latest Farm
And Ranch News
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Holly Cook talks Pork Markets and Profitability |
At the World Pork Expo in Des Moines, Iowa, Radio Oklahoma Ag Network Intern, Maci Carter, had the opportunity to visit with Holly Cook, staff economist at National Pork Producers Council. Cook talked with Carter, covering the profitability challenges in the pork industry, trade markets, labor issues, and more.
“It’s a very challenging time in the pork industry,” Cook said. “Right now, in terms of profitability, we have prices that are about 20 percent below where they were a year ago, due to some changes in demand, and at the same time, we have record high production costs.”
Cook said production is only getting more expensive, and with the average prices producers are receiving, it is understandably a hard time in the industry.
“We’ve seen just a very slight increase in pork production this year, about .6 percent increase year to date,” Cook said. “We’ve seen demand soften from where it was before, which has led to a lower price for our animals. And as I mentioned, we’ve seen inflation take a toll on producers as well.”
Cook said the factors that placed the pork market in this position are the increases in the cost of production and softening in demand from consumers. Cook added this has led to the most negative profit margins the pork industry has seen in the last 20 years.
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Oklahoma Farm Bureau works to improve the lives of all Oklahomans by supporting our state’s agriculture community. As Oklahoma’s largest general farm organization led by Oklahoma farmers and ranchers, OKFB takes grassroots values and advocates for agriculture at the state Capitol and in Washington, D.C., to ensure our way of life continues for generations to come.
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Rural Oklahoma is full of some of the greatest success stories throughout the entire state and is a big reason why Oklahoma is on track to become a top 10 state.
The Road to Rural Prosperity dives into these stories, bringing you stories covering rural life, agriculture, energy, healthcare, tourism, and politics affecting rural America.
The Road to Rural Prosperity is here to tell stories about rural America, for rural America.
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Since the legalization of Medical Marijuana in Oklahoma with State Question 788- criminals have flocked to the state to set up illegal grow houses because of cheap permits, cheap land and lax rules allowing them to get into the business of growing marijuana in Oklahoma- supposedly for the in state Medical Marijuana market.
Ron Hays talks with Oklahoma Bureau of Narcotics spokesman Mark Woodward about how these enterprises have invaded Oklahoma- the magnitude of the current problem and how the state is pushing back on thousands of bad people who have set up shop in the state- with the hope to reduce the number of these operations dramatically in the days to come. It's a huge problem all across rural Oklahoma but Woodward believes progress is being made to reign in these illegal marijuana farms.
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Tim West
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