When I started in this business, hogs were $17/cwt. We haggled over a nickel, and worried about getting too many hogs bought. Today, prices are as high as $200/cwt. and we now haggle over dollars, and scramble 24/7 to get enough hogs bought to ll a “kill”.
"PONY TALES by" Ponty is written by Ken E. Knight, the author of the “Knightro Report”, a nationally syndicated livestock-marketing column, which is featured in the "Farm And Livestock Directory" every month.
…Brothers And Sisters, And One Ol’ Man Processing Memories!
Oh, how things have changed, and to think how busy I was back in those days, conducting livestock marketing seminars all across the Midwest. They saw the need back then, and as a result we produced some of the sharpest marketers in the country. Most of them were in Scott County, Iowa, or Henry County, Illinois, and if you didn’t live in either of those two counties, you really weren’t in hog country. (And if your name wasn’t “Keppy” you probably weren’t among the elite.)
Since that time people appear to believe they have become smarter. College educated and heirs to multimillion dollars farms, all at the expense of their forefathers who learned it the hard way. Unfortunately, not a one of them was ever offered a class in livestock marketing, or benefitted from the experience of their fathers. As a result, these same farms are being squandered away because of a lack of livestock marketing knowledge. The shift from what was once the food basket of the nation has now moved to places like Oklahoma, Texas, and other like locations that have taken their place in the ring of champions.
Pork Texas, for example, is leading the way for a change in hog production that is unprecedented. Producing hogs in a way “that mother nature” intended, in an area that hogs reproduce naturally, has taken the country by storm. Never has there been so much interest in a pork production concept that will forever change the hog industry. This is but an example of what is happening across the nation in this great country of ours.
Things are changing for the better, but only those that get on board will benefit. The speed of change is going to leave many behind, and those that have not yet learned the benefit of these changes are encouraged to attend one of our livestock marketing seminars. They cost you nothing, but the cost of doing nothing may be more than you can afford!
Related: Who Gets Rich When Livestock Prices Skyrocket?