Market News
Tyson Foods’ pork processing plant in Columbus Junction, Iowa, has suspended operations for a week beginning Monday due to more than two dozen cases of COVID-19 confirmed at the facility.
Closures and shutdowns are still leaving many producers struggling with what to do with their hogs. One producer resorted to Facebook to sell hogs.
America has an abundance of livestock, but U.S. hog producers need harvest facilities up and running to convert that abundancy into food, explained Smithfield Foods CEO and president Kenneth Sullivan on Fox News.
Cash-traded weaner pig reported volume was below average this past week, with 33,830 head reported. Cash weaner pig reported prices were $50.81, down $1.14 per head from last week.
Cash-traded weaner pig volume was below average this week with 33,290 head being reported which is 79% of the 52-week average. Cash prices were $51.95, up $1.77 from a week ago.
Cash-traded weaner pig reported volume was below average this past week, with 35,650 head reported. Cash weaner pig reported prices were $50.18, down $1.34 per head from last week.
Cash-traded feeder pig reported volume was below average this past week, with 5,050 head reported. Cash feeder pig reported prices were $73.67, down $0.23 per head from last week.
Cash-traded weaner pig volume was below average this week with 38,715 head being reported, which is 90% of the 52-week average.
Economist Scott Brown said he’ll be the first to admit he had a lot of scratches on his paper after the announcement of the Sept. 1 Quarterly Hogs and Pigs Report. Three economists share their forecasts.
USDA’s Sept. 1 Quarterly Hogs and Pigs Report contained a very bullish surprise. Four leading economists weigh in on what the report says about the future of the U.S. pork market.
Cash-traded feeder pig reported volume was above average this past week, with 11,550 head reported. Cash feeder pig reported prices were $70.30, down $1.48 per head from last week.
Cash-traded weaner pig reported volume was below average this past week, with 43,470 head reported. Cash weaner pig reported prices were $48.01, up $1.87 per head from last week.
The forecast for 2021 total red meat and poultry production is lowered from last month, USDA said in its monthly World Agricultural Supply and Demand Estimates (WASDE) report on Sept. 10.
Cash-traded feeder pig reported volume was above average this past week, with 10,350 head reported. Cash feeder pig reported prices were $70.89, up $3.33 per head from last week.
Cash-traded weaner pig reported volume was above average this past week, with 49,417 head reported. Cash weaner pig reported prices were $48.90, up $3.55 per head from last week.
Cash-traded feeder pig reported volume was below average this past week, with 5,750 head reported. Cash feeder pig reported prices were $60.93, down $3.61 per head from last week.
Cash-traded weaner pig reported volume was below average this past week, with 25,659 head reported. Cash weaner pig reported prices were $42.67, up $0.13 per head from last week.
Cash-traded weaner pig reported volume was above average this past week, with 63,675 head reported. Cash weaner pig reported prices were $40.55, up $1.56 per head from last week.
Cash-traded feeder pig reported volume was below average this past week, with 2,750 head reported. Cash feeder pig reported prices were $63, up $2.10 per head from last week.
Cash-traded feeder pig reported volume was below average this past week, with 5,985 head reported. Cash feeder pig reported prices were $72.39, down $7.74 per head from last week.
Despite COVID-19-related challenges, U.S. pork exports to Central America set a new record in 2020 and are off to a terrific start this year.
Cash-traded weaner pig reported volume was below average this past week, with 30,775 head reported. Cash weaner pig reported prices were $52.81, down $2.10 per head from last week.
China booked its largest purchase of U.S. corn since January, the U.S. Department of Agriculture said on Tuesday.
During USDA’s 97th Agricultural Outlook Forum, USDA chief economist Seth Meyer provided insight into what the livestock and poultry sectors can expect in 2021.
Cash-traded weaner pig volume was below average this week.
Cash-traded weaner pig reported volume was above average this past week, with 53,200 head reported.
The volume of pork exported by the European Union (EU) during the first ten months of 2020 exceeded the record volume of pork exported in all of 2019.
China’s pork output fell less than expected last year as it recovered from the impact of an incurable hog disease that depleted breeding stock.
It’s been an interesting start to 2021. COVID-19 cases are still surging and the political and market landscape has changed dramatically. CoBank shares their latest pork outlook.
No ractopamine has been detected in the first batch of American pork imports since the country lifted a ban on U.S. pork containing the feed additive, but Taiwanese consumers are still turning away from imported pork.