Global pork prices has dropped as the recovery in production has out paced rebounding demand. That’s according to a report from Rabobank that says hog herd growth will slow in 2022 due to dropping prices, labor shortages and cost inflation that’ll put pressure on production margins. South Dakota Pork Producer’s Council President Shane Odegaard says U.S. pork prices have been improving lately coming out of the pandemic while the other factors including shortages of workers has been continuing for some time.
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He says getting available feed is one concern given this year’s Cut 2s drought and tight grain stocks around the world along with supply chain disruptions haven’t been helpful to producer’s bottom line.

Odegaard says they keep seeing good demand for pork and are continuing to work to promote their product.