NPB worried about long term pig prices
The US National Pork Board is worried about pig production costs from 2008
The NPB fears that the increased demand to corn as a result of ethanol
legislation will increase maize prices, and eventually US pig prices
Steve Meyer of Paragon Economics said that the roughly $1.50 per
bushel increase in maize prices in recent months has increased pig production by
roughly $20 for each 115 kg market pig.
It is predominantly 2008
onwards the NPB and Meyer are concerned about, as a large majority of the pigs,
to be harvested in 2007 is already available - as are the sows that will breed
The NPB will discuss the emerging 'food vs fuel' issue at
its first meeting of 2007, to be held January 11-12 in Tucson, Arizona. Anyone
wishing to attend the meeting should contact Lorraine Garner
at +1 (515) 223 2600.
Related web sites:
â€¢ National Pork Board
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