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Hog Profit Outlook Signals Tight Q4 With Price Dip Possible
Iowa hog producers face tighter margins through late 1977 with anticipated prices in the 33s and 37 to 39 for 200 to 240 pound hogs in Oct-Dec if supplies stay high. Farrow-finish costs around 35 to 38 per head with corn at 2.65, profits expected to be modest this fall, and expansion likely into 1978 unless costs rise or prices drop. The Iowa Park Producers Association, with over 19 000 members, funds pork industry research and promotion, directing about 66 percent of funds nationally and 14 percent to IPPA operations.
MENTIONED IN THIS ARTICLE
Gene Futrell
Iowa Sttute University Extension
Iowa
Futrell
Iowa Park Producers Association
IPPA
National Pork Council
National Pork Producers Council
National Livestock and Meat Board
Ralph Howe
Clemons
Paul Queck
Des Moines