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Central Iowa | She's a commodity business that traditionally provides returns at the cost of production. Been involved for 20 years now on multiple fronts in the business. A guy has to have a lot of hope built into the business model when making plans for the future. I think there was a ton of covid money paid out to the small to midsize guys....tie that in with most of them making good money on their grain side of the business its kept the middle guys in business through this downtrend. The big integrators have been shelling out the cash and likely not making it up on the packing side. Will be interesting to watch as always. | |
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Pig margins
