• SPECIAL REPORT: State of the pork industry: Navigating economics, policy amidst challenges

  • Dec 26 2024
  • Length: 19 mins
  • Podcast

SPECIAL REPORT: State of the pork industry: Navigating economics, policy amidst challenges

  • Summary

  • In this episode, we explore strategies to bolster the pork industry's resilience.

    Christine McCracken, Senior Animal Protein Analyst at Rabobank, graces Feedstuffs Pork Nation with her expertise on the state of the pork industry. Curious about the path to recovery and what lies ahead in 2025 for pork producers? We're unpacking the improving financial health and potential for more robust margins, despite looming challenges like political uncertainties, tariffs, and changing immigration policies.

    Discover why maintaining solid trade relationships with key partners such as Mexico and Canada is more crucial than ever. We also tackle how the industry is innovatively addressing labor shortages through automation and improved workforce management.

    We also delve into critical economic concerns, including the national debt's effect on the US credit rating and its potential ramifications for agriculture. While sovereign debt issues linger, we discuss the importance of staying informed and engaging with lenders to mitigate risks. With only minor interest rate adjustments anticipated, some stability is expected.

    As we close the year, Christine emphasizes the critical need for biosecurity and community support within the industry. Risk management takes center stage as pork producers are encouraged to partner with advisors to navigate shifting market conditions and capitalize on emerging opportunities.

    Feedstuffs Pork Nation is brought to you by Alltech. Alltech delivers smarter, more sustainable solutions for agriculture through a diverse portfolio of products and services. Contact the Alltech Pork Team or visit go.alltech.com/swine-research to learn more.

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