Kent Bang left the National Pork Industry Conference filled with hope and excitement about the next generation who will take over leadership in the pork industry. Here’s why.
Inflation has increased the cost of everything over the past 12 months. First described by many economists as transitory, the reality of higher prices and decreased purchasing power of the dollar has persisted.
Live hog prices have increased substantially since the beginning of the calendar year. Kent Bang of Compeer Financial takes a look at what’s driving these market moves.
The pork industry has wrapped up a pretty good year for the majority of hog producers financially. Market hog prices were strong most of the year, but will 2022 be able to make up for 2021?
The industry has been through a lot of challenges with COVID-19 and a difficult year for PRRS. As we get those issues behind us, focusing on production metrics, enterprise analysis and future direction is critical.
Consumer spending is hitting record numbers in the first two quarters of 2021, and although economic growth may be slowing, it is still occurring. Columnist Kent Bang sheds light on what to expect in the pork markets.
The U.S. inflation rate is 5.0% for the year ended May 2021. Congress is debating a spending bill and stimulus package. With more money pumped into the economy, Kent Bang says we should prepare for further inflation.
What’s driving higher prices? Pork product demand. Kent Bang of Compeer Financial explores the factors that have affected demand and the headwinds that impact product delivery to consumers today and in the future.
Columnist Kent Bang of Compeer Financial outlines five of the main factors impacting the cost of pork production today and ideas to consider to control the rising cost of production.
