Hog Prices-Markets
Secretary of Agriculture Tom Vilsack announced updates on how USDA plans to address the complex competition issues in agricultural markets in order to create a fairer playing field for small- and mid-size farmers.
If there were any surprises in the latest USDA Hogs and Pigs Report, Lee Schulz says it came in the market hogs and pigs by weights categories.
Beef packers saw profits drop $54 per head to a loss of $18 per head. Pork packers saw average profits of $20 per head, down $2 from the previous week.
In anticipation of the USDA Hogs and Pigs Report that will be released on Thursday, Sept. 26, Steiner Consulting Group shared expectations from six analysts polled ahead of the report.
Live pig prices in Vietnam have risen steadily since Typhoon Yagi and subsequent flooding affected several pig farms in the country, which has already been hit by African swine fever outbreaks in recent years.
Negotiated cash cattle increased an average of $1.18 per cwt. the week ending Sept. 14 and profit margins dropped by $13 per head to an industry average of $130.66 per head, according to Sterling Marketing. Farrow-to-finish hog producers found positive margins of $16 per head last week, down $2.91 from the previous week.
Even though the majority of U.S. red meat exports flow out of the West Coast ports, USMEF’s Dan Halstrom says a strike in the east and south would still have a significant impact on the industry.
When asked how old your weaned pigs are, you likely respond with a simple answer like 21 days. But are the weaned pigs really 21 days old or is that just the interval from loading into the farrowing room to weaning?
Cash-traded feeder pig reported volume was below average this past week, with 13,215 head reported. Cash feeder pig reported prices were $55.08, up $0.22 per head from last week.
The key is demand and managing feedlot break-evens as cattle numbers continue to decline, says John Nalivka, president of Sterling Marketing Inc.
The value of exports to pork producers in the U.S. cannot be understated.
Cash-traded weaner pig reported volume was above average this past week, with 90,647 head reported. Cash weaner pig reported prices were $32.92, up $1.85 per head from last week.
Producers across the country have experienced headwinds as the farm bill delays continue, ranging from extreme weather to high input costs to uncertain global demand to supply chain disruptions.
Beef packers saw significant margin improvement the week ending August 30, while pork packer margins, though down from the previous week, were sharply higher than a year ago.
Key Asian markets and Mexico fuel strong month for beef exports and record value for Mexico headlines robust month for pork exports.
Hormel Foods cut its annual sales forecast, hurt by lower commodity prices and a production disruption at its Planters brand manufacturing facility in Virginia.
Cash-traded feeder pig reported volume was below average this past week, with 12,675 head reported. Cash feeder pig reported prices were $53.32, up $2.45 per head from last week.
See which pork products are hitting the news wires.
Last week’s substantial drop in the breakeven feeding cost for feeder cattle placed on feed last week is significant to the market outlook, says John Nalivka, president of Sterling Marketing Inc., in the latest Sterling Profit Tracker.
From Cheetos to chow mein noodles, nutritionist Wayne Cast sheds light on how to evaluate non-typical ingredients for inclusion in swine diets.
Cash-traded feeder pig reported volume was below average this past week, with 8,250 head reported. Cash feeder pig reported prices were $50.87, up $3.21 per head from last week.
Last week’s slaughter hog price falling below the July breakeven selling price signals that profitability may be limited for a wean-to-finish hog operation in August.
Patrick Fleming is back. And he’s back with more energy and determination than ever before to help take consumer marketing of pork to new levels.
While I do not need the government to tell me how the cost of living has increased, the most recent data for July is now available. To be honest, I question whether the officially reported inflation figures align with what we are experiencing.
In anticipation of a national rail strike, the Canadian Meat Council and the Canadian Pork Council are calling on the federal government to employ section 107 of the Canada Labour Code to avoid the unprecedented damage to industry this disruption to service could cause.
Negotiated cash cattle retreated an average of $2.31 per cwt. The week ending Aug. 17 and profit margins dropped by $79 per head to an industry average of $167 per head, according to the Sterling Beef Profit Tracker.
U.S. Red Meat Symposium takes a look at opportunities in Mexico
The Meat Institute says the proposed rule change to the Packers and Stockyards Act is attempting to set meat production back by encouraging litigation and limiting how livestock producers can market animals to packers.
Cash-traded weaner pig reported volume was above average this past week, with 73,422 head reported. Cash weaner pig reported prices were $37.15, down $0.78 per head from last week.
During World Pork Expo, Dave Delaney with Ever.Ag talked with Chip Flory on AgriTalk about what he’s been seeing on a daily basis in the market.