Sunday, October 12, 2014

A Squeal of Fortune

The pork industry is on a rise, and for families that have been involved for generations, their longevity will pay off for them in the near future. Since 1973 hog prices have increased over time. This is much expected with consideration of inflation and cost-of-living increase, but the demand for pork is unrelated, and that has tremendously increased over time.

Families are willing to spend more money on pork-related products, thus driving the market to stay steady, and with new world-wide markets available, the industry is off on a great run. U.S. pork exports have risen from 1,600 million pounds exported in 2002, to 5,400 million pounds exported in 2012. That's an increase of over 300%!

Unfortunately though, the industry continues to see a decline in people interested in raising hogs. The number of farms has decreased incredibly from 647,000 operations spread across the nation in 1977, to 68,000 in 2012. This fall allows for those interested in raising hogs the opportunity to do so.

If you want to simply raise a couple pigs as a hobby, or want to get into it big-time and raise thousands, there are plenty of people out there to help you get to where you want to be. Contact the National Pork Board for more information at info@pork.org.


You won't want to miss out on this squeal of fortune!

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