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USA - Flu fears costs pork industry $2.5 million a day

Incorrect reporting of the H1N1 flu as "swine" flu has compounded the economic squeeze the U.S. pork industry has experienced during the past 19 months, when producers lost an average of $20 per hog, N.P.P.C. continued. Producers have lost another $6 per pig, with average hog prices falling from $124 a head on April 24 to $118 on April 28, since the flu outbreak became a major news story. This decline has cost the industry approximately $2.5 million a day, N.P.P.C. relayed.
5 May 2009
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Incorrect reporting of the H1N1 flu as "swine" flu has compounded the economic squeeze the U.S. pork industry has experienced during the past 19 months, when producers lost an average of $20 per hog, N.P.P.C. continued. Producers have lost another $6 per pig, with average hog prices falling from $124 a head on April 24 to $118 on April 28, since the flu outbreak became a major news story. This decline has cost the industry approximately $2.5 million a day, N.P.P.C. relayed.

http://www.meatnews.com/news/headline_stories.asp?ArticleID=102126

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