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Feed costs likely to halt 2007 hog profits, economist says
KANSAS CITY (Dow Jones)--Much higher feed costs are likely to eliminate the profit potential for U.S. pork producers in 2007, and while 2007 may be close to break-even overall, there are concerns that even higher feed prices could drive the industry into losses, said Chris Hurt, agricultural economist at Purdue University.
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KANSAS CITY (Dow Jones)--Much higher feed costs are likely to eliminate the profit potential for U.S. pork producers in 2007, and while 2007 may be close to break-even overall, there are concerns that even higher feed prices could drive the industry into losses, said Chris Hurt, agricultural economist at Purdue University.
