This week is the World Pork Expo in Des Moines. I expect to visit with many of you at this event. I plan on attending on Wednesday and Thursday and already have a number of meetings scheduled.
You can’t help but speculate about the ‘mood’ of the industry. Last year everyone was looking forward to a profitable year and that happened for most producers. So far this year the spring/summer rally has been slow to develop. Depending on when you priced feed ingredients and whether or not you sold summer pigs on the board for $1.00/lb your outlook could range from rosy to downcast. I know many will also be speculating on whether the PRRS ‘hole’ exists for summer market numbers.
Another item of discussion will be the large number of new facilities being constructed this summer.