given the current production of breeder stock , current processing capacity , estimated grain harvest , projected rise in utility costs , possible changes in federal and state immigration , and , arguably , most important , federal mandates for ethanol usage , gene was estimating that the industry was looking at an eighteen to twenty-four month period , beginning in july of 2008 , when the industry could expect to lose between 8.3 and 10.1 cents per pound of processed meat .