Trent Loos: American ag is all about diversity
By TRENT LOOS*
AMAZINGLY, attitudes at the Iowa Pork Congress last week were quite good. Certainly, high feed prices and low hog prices could dampen spirits, but let’s face it: The pork producers who are left in the business are the best of the best.
I have not owned a pig since 1997, but I do remember buying 4,000 bu. of corn each week in 1996, the last time corn prices topped $5/bu.
It was not all that much fun, but my words of encouragement were: “The tougher it gets, the better off we will be when it comes back in line, and trust me, it will.”
Still, today, I would rather invest in the future of pork production than ethanol.