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| A number of reasons.
1)Prrs Made it so single site production was obsolete and basically made a perons get big enough to go 3 site or go home.
2) tremendous price volatility. lean hog prices at one time in 2005 0r 2006 were the most volatile commodity for that decade.
3)98-99 and 2008 -2009 these were years of 20 per head losses for yrs at a time
4) 08-09 finished most off because you had to contend with cash flow goin up 60-70% because of feed prices and at the same time contend with losing 20 dollars per head. Do that for several yrs with lenders getting more nosy on the last yr and you can see why most were forced out | |
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Better Question... Why did everyone get out of hogs?
