Hog Prices-Markets
Cash-traded feeder pig reported volume was above average this past week, with 18,775 head reported. Cash feeder pig reported prices were $76.17, down $2.85 per head from last week.
On average, retail California pork prices have gone up by 20% since July 1, 2023, when Proposition 12 was fully implemented. A new study shows pork prices are surging. What does this mean for California consumers?
The pork industry is witnessing a pivotal shift as sow herd numbers begin to plateau after a period of decline. This stabilization is due to better-than-expected consumption trends coupled with reduced production costs.
China will allow imports of pig origin protein feed and pork offal from France effective immediately, according to statements from Chinese customs and the French farm ministry.
Cash-traded weaner pig reported volume was above average this past week, with 83,506 head reported. Cash weaner pig reported prices were $41.25, down $0.29 per head from last week.
Pork export value in March was the highest in three years and the fifth highest on record. Beef exports in March highest in 2024.
Batista brothers have been elected to JBS SA board of directors.
Cash-traded feeder pig reported volume was below average this past week, with 8,375 head reported. Cash feeder pig reported prices were $79.30, down $15.88 per head from last week.
One thing economists are particularly bad at is predicting what the future holds for the economy or specific market trends. Still, economists find gainful employment making predictions. The reason? Economic resiliency.
As the pork industry adapts to changing market environments, it is critical the values published in USDA reports and used for base price determination are accurate and representative of supply and demand conditions.
Over the past 40 years, ag exports have grown significantly, particularly to countries with which the U.S. has negotiated FTAs. That’s why NPPC recently submitted comments to the Office of the U.S. Trade Representative.
A recent airport visit gave Chad Carr, a meat scientist at the University of Florida, a new perspective on challenges commercial food production faces with consumers.
“I can’t tell you if I can fit a metric ton of carbon equivalents in my front pocket,” says Chris Hostetler. Carbon is not visible, so data is critical to back up carbon asset claims for innovations coming to market.
Dr. Vince Malanga shares insights on the U.S. economic outlook, and what areas demand the most attention.
In the fast-paced world of business, it’s easy to get caught up in the day-to-day operations, but true success lies in working on your business, not just in it.
Pork producers often think about meat as the only commodity they produce. But Chris Hostetler at the National Pork Board argues they produce so much more and deserve to see benefits for their efforts.
The nation’s pork producers are feeling the fallout of California’s Proposition 12. AgDay’s Michelle Rook said this is a huge blow to the nation’s pork producers, especially when it comes to interstate commerce.
Not only does the Q1 2024 sow and grow-finish data compiled by MetaFarms indicate improved mortality rates, but this past quarter marks the highest quarterly average daily gain (ADG) in the history of MetaFarms data.
Cash-traded weaner pig reported volume was below average this past week, with 51,210 head reported. Cash weaner pig reported prices were $41.92, down $3.46 per head from last week.
There’s no doubt pork production is a noble calling, says Iowa State University extension swine specialist Colin Johnson. But the reality remains that farmers still have to cover production costs and earn a living.
U.S. pork exports to Central America were outstanding in 2023, and the momentum is continuing in 2024. One of the reasons for this growth is an increased focus on showing targeted consumers how to properly prepare pork.
China’s pork output eased in January-March from a year earlier, the first quarterly decline in nearly four years, as farmers slaughtered fewer pigs to support a recovery in hog prices.
Cash-traded feeder pig reported volume was above average this past week, with 17,330 head reported. Cash feeder pig reported prices were $103.01, up $5.63 per head from last week.
After 17 consecutive months in the red, pork production is returning to profitability, says Brian Earnest, lead economist, animal protein for CoBank Knowledge Exchange Division.
Catch the soulful flavor of pork. Celebra tu cultura y Ponle Pork a tu vida. Why is the Pork Checkoff focused on creating messages like this focused on the multicultural consumer more than ever right now?
Cash-traded feeder pig reported volume was below average this past week, with 8,885 head reported. Cash feeder pig reported prices were $97.38, down $0.76 per head from last week.
Strong global demand for U.S. pork has been been a bright spot for the industry. Fueled by growth in the Western Hemisphere, South Korea and Australia, U.S. pork exports posted another excellent performance in February.
“Anything worth doing, is worth doing badly.” This quote is a reminder that any undertaking that is important cannot wait for ideal circumstances before proceeding. Don’t let perfect be the enemy of good.
There are moments when stakeholders may disagree with the direction commodity organizations take, says Steve Malakowsky. His suggestion is simple: if you seek change and don’t align with the trajectory, get involved.
Taking the Hogs and Pigs Report into account, along with USDA’s recent report of intentions to plant 4.6 million fewer corn acres this spring and tighter than expected corn stocks, the pork outlook is fairly bearish.