Pork Business
The Philippines plans to increase pork imports this year to roughly 400,000 tonnes, more than double the initial proposal, as it seeks to cover a domestic shortfall that has pushed market prices higher.
As PRRS viruses continue to evolve, producers are often faced with a difficult decision regarding the sow farm’s long-term PRRS status.
How Selecting Nutrition Suppliers Can Improve Your Bottom Line
Although 2020 was a hard year to find the good news, AgriTalk host Chip Flory said pork exports were definitely one of those good stories. On Monday, he discussed the 2020 report with National Pork Board’s Norman Bessac.
China’s most-active hog futures contract surged more than 4% on Monday and shares of the country’s biggest pig producer rallied after recent reports highlighted severe disease outbreaks in the world’s largest pig herd.
The COVID-19 pandemic has reinforced what pork producers have known for some time. Disease outbreaks can cause severe economic impacts. Here’s a look at how this guided delegates at the IPPA annual meeting.
USDA’s first look at net farm income shows without continued ad hoc government payments, net farm income will drop this year.
Here’s what some of our friends in the pork industry are fixing for the second biggest “food holiday” of the year. When you’ve got Super Bowl snacks this good, it doesn’t matter which team wins!
Despite everything 2020 has thrown at the pork industry, Scott Brown, University of Missouri ag economist, says hog production is lining up reasonably well right now. He shared his thoughts on what’s ahead on AgriTalk.
Cash-traded weaner pig volume was below average this week.
Looking at hog sales in September 2019 using October 2019 futures the weaner breakeven was $64.79, up $17.47 for the week.
Looking at hog sales in October 2019 using October 2019 futures the weaner breakeven was $99.70, up $12.61 for the week.
Looking at hog sales in November 2019 using December 2019 futures the weaner breakeven was $93.71, down $9.73 for the week.
Cash traded weaner pig volume was above average this week with 40,500 head being reported which is 103 percent of the 52-week average. Feeder pig reported volume was below average for the week, with 7,705 head reported.
For the week of February 5, cash-traded feeder pig reported volume was above average with 8,305 head reported. Cash feeder pig reported prices were $74.76, up $7.00 per head from last week.
Looking at hog sales in November 2019 using December 2019 futures, the weaner breakeven was $83.27, down $2.03 for the week.
Looking at hog sales in December 2019 using December 2019 futures the weaner breakeven was $58.60, up $0.76 for the week.
The estimated weaner pig profit opportunity is calculated by comparing the weaner pig cash price to the weaner breakeven. The profit potential decreased $6.54 this week to a projected gain of $13.87 per head
Cash traded weaner pig volume was above average this week. Cash prices were $32.64, down $3.91 from a week ago.
Cash traded weaner pig volume was above average this week, as cash prices were $31.92, down $0.72 from a week ago.
The profit potential decreased $3.77 this week to a projected gain of $8.86 per head.
Cash-traded feeder pig reported volume was above average with 7,670 head reported. Cash feeder pig reported prices were $56.15, up $0.32 per head from last week.
Cash-traded feeder pig reported volume was above average this past week, with 13,450 head reported. Cash feeder pig reported prices were $59.70, up $3.55 per head from last week.
Cash-traded feeder pig reported volume was above average with 14,375 head reported. Cash feeder pig reported prices were $68.80, up $1.42 per head from last week.
Cash traded feeder pig reported volume was below average with 7,180 head reported. Cash feeder pig reported prices were $70.33, up $5.21 per head from last week.
Cash traded weaner pig volume was above average this week with 61,355 head being reported which is 149 percent of the 52-week average. Cash prices were $34.05, up $1.73 from a week ago.
Cash-traded feeder pig reported volume was above average this past week, with 11,066 head reported. Cash feeder pig reported prices were $48.24, down $1.48 per head from last week.
Cash-traded feeder pig reported volume was below average this past week, with 5,400 head reported. Cash feeder pig reported prices were $71.45, up $1.64 per head from last week.
Cash-traded weaner pig volume was above average this week with 69,840 head being reported which is 129% of the 52-week average.
Cash-traded weaner pig volume was below average this week with 46,650 head being reported which is 90% of the 52-week average.