Swine farm profitability remains strong with hog and pig operations bringing in sales of $22.5 billion in 2012. Although hog production takes place across the country, it is heavily concentrated in three states: Iowa, North Carolina, and Minnesota. With the United States ranked 8th in world pork consumption per capita, it’s easy to see why pig farmers are in such high demand. AgAmerica can help get your swine farm up and running with a custom swine farm loan.
Swine Industry Overview
In 2012, the U.S. hog and pig industry had sales of $22.5 billion.
Although some hog production takes place in all states across the country, it is heavily concentrated in three states: Iowa, North Carolina, and Minnesota.
Hog and pig producers were more likely to consider farming their primary occupation in 2012 than 2007, as well as more likely to do so than farmers overall.
Swine and row crop farmer prepares for future growth
The solution: This swine and row crop farm has been operating for seven generations. The farm’s longevity can be attributed to adjusting with variances in the market and crop diversification. There are nine commodities that contribute to the farm’s income: corn, cotton, soybeans, peanuts, …