“If we step back and look at what that means for farmland, we're taking our energy production system from highly centralized production facilities and we have to distribute it,” says David Muth.
Despite a report from Britain's National Pig Association predicting a worldwide shortage of bacon due to drought, the U.S. is not experiencing a shortage.
The combination of high feed costs and low prices paid to pork producers is hitting the hog industry hard. See how record losses are fueling one producer’s management decisions.
The forecasts for 2012-2013 red meat and poultry production are reduced from last month as higher feed prices are expected to slow expansion and temper growth in weights.
The forecast for total meat production in 2012 is raised from last month as higher pork and poultry production more than offsets lower beef production.