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Cash-traded weaner pig reported volume was above average this past week, with 40,343 head reported. Cash weaner pig reported prices were $45.96, up $2.23 per head from last week.
U.S. diesel prices are the highest ever, with warnings of shortages, especially in the eastern U.S., and the most intensive part of the farming season is still ahead.
The latest round of agricultural credit condition surveys from the Federal Reserve banks show high farm real estate values are supporting farm finances.
Opportunity or challenge? A survey from Veylinx, a consumer insights platform, found 77% of respondents said they could be convinced to buy meat alternatives. Gen Z consumers were the most interested at 87%.
Protecting herd health is a priority for pork producers, but despite scientific advances and improved biosecurity measures, disease prevention, as well as timely detection and mitigation, remain constant concerns.
Some farmers are concerned about the possibility of losing farmland to energy projects like wind and solar. John Phipps points out some major misconceptions about the placement of solar projects.