More Stable Hog Market in 2025

A swine lending specialist anticipates more stability in the hog market going into 2025. Daryl Timmerman with Compeer Financial also serves as President of the Minnesota Pork Producers Association.

“As we look forward, certainly profitability is more stable. It’s still going to be a tough challenge for many, we expect some volatility to continue.”

Timmerman told Brownfield, after a very challenging stretch financially, the pork industry is poised for recovery. “There is some opportunity on the horizon, and we’re seeing a lot of disciplined behavior as it relates to folks’ risk management strategies.”

According to Timmerman, several issues will impact profitability in the year ahead, including labor and California Proposition 12.

EDITOR’S TAKE:

This is another piece of encouraging news for the ag industry as we move closer to 2025. Words like more “stable profitability” and “recovery ahead” are music to our ears. It seems little by little we can start putting the past 12-18 months of rougher sledding behind us. That means hog farmers, dairy farmers, beef ranchers and others will be a larger presence in the truck marketplace moving forward. With demand once again on the upswing, we expect to see improved equipment and truck sales. Make sure your inventory is up-to-date on AgTruckTrader.com®. And don’t overlook the advantages of CADFI – payments that match a farmer’s/rancher’s cash flow are huge advantages when closing the deal.