News

Pork Producers Have Witnessed Price Fluctuations in Futures Markets

Pork Producers Have Witnessed Price Fluctuations in Futures Markets

Photo: WNAX


Pork producers have witnessed a drop of price amounting to around $15 in the futures market for lean hogs within the last couple of months.  Agricultural economist, Dr. Steve Meyer with Partners for Production Agriculture believes lean hog futures may continue to see wide price swings in the coming months.  Meyer spoke at the South Dakota State University Swine Day seminar on Tuesday and says the action on the futures exchange markets is likely to continue.  Meyer says high input costs with feed and fuel are not going away, and he says it may be difficult to secure profits.

Recent Headlines

1 week ago in Local

WHAT DOES MARIJUANA RECLASSIFICATION MEAN FOR SOUTH DAKOTA?

SIOUX FALLS, S.D. (Dakota News Now) – President Trump’s executive order to reschedule marijuana from a Schedule 1 to a…

1 week ago in Local

GOVERNOR RHODEN ANNOUNCES $200,000 GRANT SUPPORTING KEEP FARMERS FARMING PROGRAM

SIOUX FALLS, S.D. (Dakota News Now) – On Monday, Governor Rhoden announced a $200,000 grant from the Future Fund for…

1 week ago in Local

ICE’S YEAR IN SOUTH DAKOTA, FROM SMALL TOWNS TO OPERATION: PRAIRIE THUNDER

SOUTH DAKOTA (Molly Wetsch / South Dakota News Watch) – Five months after Operation: Prairie Thunder officially began, the South Dakota…

2 weeks ago in Local

SOUTH DAKOTA STATE ECONOMIST SAYS FARM ECONOMY HAS HELD BACK SALES TAX REVENUES

SIOUX FALLS, S.D. (Joshua Haiar / South Dakota Searchlight) – South Dakota’s State Economist Derek Johnson told the state Banking…

2 weeks ago in Local

STATE SPENDS $43,000 IN TROOPER OVERTIME FOR OPERATION PRAIRIE THUNDER

PIERRE, S.D. (John Hult / South Dakota Searchlight) – The South Dakota Department of Public Safety says a saturation patrol…