Indiana's pork industry has room to grow. The Indiana Department of Agriculture released the results of two studies showing the industry's growth potential. The first study, The Changing U.S. Pork Industry and Implications for Future Growth, is an industry overview. The second, Doubling Hog Production, is an in-depth look at Indiana's pork industry through the eyes of the state's producers.

Both reports provide an economic overview of the industry. A couple of snapshots: the pork industry is highly integrated, and that trend will continue. The industry has seen rapid consolidation in the past 10 years; today two-thirds of the independently owned pork operations use long-term contracts to stabilize their price and market risk.

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Source: Pork magazine