Iowa is the top pork producing state in the U.S. and a livestock market analyst says all signs point to a good year for the industry. With the expansion of a pork processing plant in Eagle Grove and even more across the state, the industry shows signs of positive growth. Steve Meyer, with EMI Analytics, says if pork producers have managed their risk well, it could be another year of positive margins.
Meyer said. In addition, the pork industry is positioned to grow, according to Meyer.
But, Meyer doesn’t anticipate pressure on slaughter capacity like the pork industry saw in the fourth quarter of 2016.