Net returns from pork production were solid through most of 2006. As is typical, hog prices declined seasonally last fall just as corn prices spiked up. Calculated net returns using cash prices turned negative in November and stayed there through March, followed by returns close to breakeven in April. May’s solid hog price gains helped bring back profits. Looking ahead, if hog and pork demand holds, pork production should stay profitable through summer — unless poor weather pushes corn prices up.