Confirmed,

I was talking to some farmers last weekend,

50 Lb Pigs were being sold to feeding operations for 100$
The feeing operatons were growing the pigs to 250 lbs, and only able to sell the pigs for 110.

Multiple operations etc are shutting down, till they can be profitable again.

Many of them are liquidating all stock, using the money ot pay interests on any loans and just shuttinf down till they can turn a profit again.