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Strategies & Market Trends : Taking Advantage of a Sharply Changing Environment
NRG 41.00+0.9%Jul 23 4:00 PM EDT

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To: Doug R who wrote (3616)4/27/2020 1:52:29 AM
From: Doug R2 Recommendations

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As more and more large meat processing plants close amid the nation’s coronavirus pandemic, farmers across the country are running out of physical space for their pigs.

With slaughterhouses shuttered, hog farms became so crowded this week that many farmers have been forced to start killing their pigs en masse, the United Press International reported Thursday.

"You reach a point where you have to make a decision on things," Preisler said. "And that's unfortunately where we're at right now."

Numerous farms have also started to go out of business as a result of the pandemic, noted Joseph Kerns, president of Kerns & Associates, a consulting firm specializing in livestock. He said it was too soon to predict how many will eventually close, but predicted it could be a huge number.

"This is our biggest crisis ever in pork production," Kerns said. "And I don't say that lightly."
theblaze.com
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