SW WI | Cliff SEIA - 9/17/2018 17:03
If you think having livestock means you don't have to bleed off equity then you didn't own any hogs in 1998.
Or owning hogs right now without an interest in the packing part of the industry.
I actually can be alright, not great by any means financially with $3.50 corn. Hogs under 60 cwt is a terrible equity burn for me.
But then again the OP is talking about custom raising....and as long as the owners check keeps coming....it’s about the only thing that’s working for an individual right now.
I do think there will be some tightening of rents and custom rates coming. |
Hog Finishing Expansion During Low Commodity Prices
