Pork Slaughter Capacity Update
Projected increases in hog slaughter capacity are taking longer than expected, says Kerns and Associates economist Steve Meyer. The Seaboard Triumph Foods plant in Sioux City, Iowa, is not yet running a full double shift, as hoped for this fall, he says. “They are 40% or 50% on most days. They have labor challenges that are limiting them.”
When that shift is full, the industry will be harvesting 2.69 million hogs per week, says Meyer.
The new Prestage Foods of Iowa plant near Eagle Grove is still under construction. “We had hoped that plant would be open by the end of the year, but it’s not going to happen,” he says. “They may kill a few hogs as a test by the end of the year, but from everything we are hearing, the Prestage plant will probably not be up and running to any degree until March.” Prestage will kill about 60,000 hogs a week once it is running one shift.