The participants at the Boehringer Ingelheim Vetmedica Swine Health Seminar heard a positive economic report from Steve Meyer, Paragon Economics. Steve also modeled a new BIVI cap for us.
He starts out saying the best news this year has been hog prices which recovered very nicely in the spring. Supplies have been reduced as a consequence of increased input costs a couple of years ago. This was expected to happen and it has. Exports have been up about 7 percent this year through June. So producers have been able to generate some sorely needed profits. You can hear some more of his thoughts in my interview with him. Steve Meyer Interview