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Farm Progress America, December 30, 2020

Max Armstrong looks at the changing economic picture for the livestock industry

Max Armstrong reports on the challenges facing the livestock industry. With corn and soymeal prices rising, swine, beef and dairy producers could be challenged. Add in that China is rebuilding its hog inventory, which could slow meat imports into that big Asian market. Max shares that CoBank economists believe that the dairy industry could see a boost, turning to dried whey as a protein source, as China turns to more commercial-style pork production.

Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.

Photo: alexsl/iStock/Getty Images News

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