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Part of your answer lies in this medium-sized article:http://www.ellinghuysen.com/news/articles/89957.shtmlIt seems that pork exports were growing until swine flu occurred and now some folks in other countries have curtailed purchasing our pork because they think they can get swine flu from eating pork. Therefore, the recent recession in the pork industry is because of a temporary "over capacity". I'd guess (perhaps wrongly) that prices are still up because pork producers are still having to pay off loans incurred for increasing capacity in the first place to meet the prior demand level. THAT is how a producer can be "not getting paid enough to stay in business."Yes, there are some hefty fortunes being made by the folks at the top of the food chain. And, yes, some of them seem to be getting even worse lately, as in within the last few months. I don't think any administration is going to actually put a stop to that.
Part of your answer lies in this medium-sized article:
http://www.ellinghuysen.com/news/articles/89957.shtml
It seems that pork exports were growing until swine flu occurred and now some folks in other countries have curtailed purchasing our pork because they think they can get swine flu from eating pork. Therefore, the recent recession in the pork industry is because of a temporary "over capacity". I'd guess (perhaps wrongly) that prices are still up because pork producers are still having to pay off loans incurred for increasing capacity in the first place to meet the prior demand level. THAT is how a producer can be "not getting paid enough to stay in business."
Yes, there are some hefty fortunes being made by the folks at the top of the food chain. And, yes, some of them seem to be getting even worse lately, as in within the last few months. I don't think any administration is going to actually put a stop to that.
