U.S. pork exports, which comprised about 23% of pork production in 2011, hold the key to profitability in 2012, says Steve Meyer, who provided a market outlook report to attendees at the Minnesota Pork Congress in Minneapolis this week.
Meyer, president of Paragon Economics, Inc., Adel, IA, says the viability of pork exports can make or break producers’ balance sheets.
“I think if we can hold pork exports for 2012 to virtually the same levels as 2011, it will be a victory,” he says....
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