Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm Programming Radio Oklahoma Network  |  7401 N. Kelley Ave. Oklahoma City, OK 73111  |  (405) 841-3675  |  Fax: (405) 841-3674

advertisements
   
   
   
   
   
   
   
    

Agricultural News


Economist Says Future Economy and Demand Import to Pork

Wed, 29 Sep 2010 17:13:09 CDT

The world economy and demand for pork will play a key role in influencing live hog prices in 2011. University of Missouri agricultural economist Dr. Ron Plain says if the world economy can grow then we've got quite a few more months of prosperity in the hog business. But, if the economy doesn't do well, Plain warns these badly needed profits could start to fade away quicker than we want them to.

Plain notes that bacon and pork bellies have experienced record prices this summer. He says - bacon seems to be an in food right now, moving lots of that product and it helped push the cutout value of U.S. hogs to record levels. But, hams continue to be a bit of a softer price situation, not doing quite as well.

Of the competing meats, Plain says - it looks like beef production is going to be down again next year so the total supply of meat on the market is going to be pretty tight - I think again in 2011.

 

WebReadyTM Powered by WireReady®NSI

 


Top Agricultural News

  • Dry Weather Speeds Wheat Harvest in Southern, Western and Central Oklahoma  Wed, 23 May 2012 20:58:03 CDT
  • Lalman Says Moderation is the Key to Maximim Profits in Oklahoma Cow-Calf Operations  Wed, 23 May 2012 15:59:35 CDT
  • Collegiate FFA Seeks Ambassadors for Agriculture to Serve as Industry Advocates  Wed, 23 May 2012 14:03:53 CDT
  • Premium Beef Branding Programs Keep Demand High Despite Economy  Wed, 23 May 2012 13:57:58 CDT
  • Vilsack Announces New and Expanded Access to Credit for America's Farmers and Ranchers  Wed, 23 May 2012 11:45:12 CDT
  • USDA Joins Grill Sergeants for Safe Grilling Advice  Wed, 23 May 2012 11:39:21 CDT
  • Casebearer Threat Looms for Regional Pecan Producers  Wed, 23 May 2012 10:41:12 CDT
  • Alltech Cultivates Crop Science Division  Wed, 23 May 2012 10:32:38 CDT

    • More Headlines...

          

    Ron salutes our daily email sponsors!

    Producers Cooperative Oil Mill P&K Equipment American Farmers & Ranchers Johnston Enterprises Tulsa Farm Show KIS FUTURES, INC.

       
       
    © 2008-2012 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup

    WebReady™ powered by WireReady® NSI