It's kind of like chickens - the big houses have control of the market. With some things like chicken, smaller folks have gotten away with selling free range boutique chicken to those that want that market. A farmers market can get away with a hundred chickens at 4.00 a pound. That just doesn't happen with hogs. Folks aren't willing to pay what a hog takes to raise. For some reason they see the future with a half of beef, but they want their tenderloin from Hormel.
I raise my own grain so it isn't as big a cost as it would be for some. However, when six months time gets you $230 and then you taken those production costs off, there isn't much to keep a producer in the business. I have some pasture ground that I send hogs through in rotation, but they aren't like my cows where summer grazing or winter bales sustain them. Hogs take 5-7 pounds of grain a day and that's the source of their diet. Free grass is a supplement they love but nothing more than a feed extension.
If you want my honest opinion (and it's not worth much) the market never came back after swine flu.
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