Pig prices fall in the United States feed prices fall

Lead: according to overseas media reports, Ron plan, an economist at the University of Missouri, published the results of the annual pig forecast survey conducted by agricultural economists In his July survey, 25 AAEA members predicted that in the next 17 months, pork production will increase and pig prices will fall In general, this group of economists believes that in 2001, commercial pork production in the third quarter will increase by 0.3% compared with last year, and in the fourth quarter, it will increase by 0.9% compared with last year In 2002, the growth of pork production will be accelerated In the first quarter, it will increase by 1.9% over the previous year, and in the second quarter, it will increase by 3.1% over 2001 Plan said economists expect growth to continue into the second half of 2002, with output growing 3.6% in the third quarter and 3.2% in the fourth quarter compared with this year Commercial pork production will increase by 3.1% in 2002 compared with this year If the prediction of the group of economists is correct, it will mean that the record of 19.278 billion pounds of pork production in 1999 will be broken by 19.32 billion pounds of pork production next year This year's pork production is expected to be 18.74 billion pounds, the fourth highest since 1999, 1998 and 2000 In Iowa and southern Minnesota, 51% - 52% of lean boars and sows sold for an average of $48.75/100lb on site in the quarter, compared with $42.45/100lb in the fourth quarter of 2001 In 2001, the corresponding annual average price was 46.57 US dollars per hundred pounds, which was 1.87 US dollars per pound higher than last year, and the highest price of pigs since 1997 In 1997, the average price of boars and sows in Iowa was 51.40 US dollars per hundred pounds The group also forecasts higher feed costs next year Their forecast for the average farm corn price in the United States is $2.06 per bushel The lowest forecast was $1.91 per Pu and the highest was $2.32 per PU The average price of soybean meal in dectar state is predicted to be close to $170 / ton next year.