Food and Water Watch, 2022

https://www.foodandwaterwatch.org/wp-content/uploads/2022/05/RPT2_2205_IowaHogs-WEB4.pdf

The report discusses how contract farming and big hog producers create a system of price volatility and allow big meat companies to pay less and less.

the average net returns among Iowa’s wean-to-finish hog operations were negative for nearly half the years between 2004 and 2019.

In fact, the farmer’s share per pound of pork sold dropped two-thirds between 1982 and 2017 (adjusted for inflation). This suggests that the factory farm industry’s takeover of Iowa is not benefiting most farmers or rural communities.

Declining jobs

Statewide, total farm employment dropped 44 percent between 1982 and 2017. Every single Iowa county experienced double-digit declines in
farm jobs. However, job losses among the top hog-producing counties exceeded the state average and were even slightly higher than among rural
counties overall.