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Judges Ruling Could Be Bad For Small-Scale Pig Farmers
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Judges Ruling Could Be Bad For Small-Scale Pig Farmers
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NPPC: Federal Judge Ruling Disastrous for Small U S Hog Farmers
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Pierre, SD, USA / DRGNews
May 25, 2021 | 6:20 AM
Left unchallenged, a recent federal district court ruling will result in a 2.5 percent loss in pork packing plant capacity nationwide, and more than $80 million in reduced income for small U.S. hog farmers, according to an analysis by Dr. Dermot Hayes, an economist with Iowa State University. The National Pork Producers Council is urging the U.S. Department of Agriculture to intervene before the ruling takes effect at the end of next month. The ruling will dramatically reduce hog farmer market power particularly smaller producers located near impacted plants and undermine pork industry competition.