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More stable hog market

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.”

He tells Brownfield after a very challenging stretch financially, the pork industry is poised for some 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.”

He says several issues will impact profitability in the year ahead, including labor and Proposition 12.

Timmerman made these comments during an upcoming What’s Happening podcast, a content partnership between Brownfield and Compeer Financial.