Hog Prices-Markets
How long will high hog prices last? A sharp decline in the pork cutout on Tuesday has raised a few questions this week.
High 2022 prices for hogs and pork are largely attributable to supply factors, unlike 2021, when prices were mostly driven by pandemic-related changes in consumer pork demand, says Mildred Haley with USDA’s ERS.
Global prices for all meat continues to rise, according to the FAO Food Price Index. While an environment of rising prices could slow strong global demand for U.S. red meat, it also brings marketing opportunities.
Will higher prices associated with pork in the U.S. begin to erode the demand for pork permanently? Dennis DiPietre and Lance Mulberry provide perspective on the global pork outlook.
Exports to Mexico surged in the first half of 2022, making the country the leading market for U.S. pork with increased purchases of hams and shoulders.
Australia and New Zealand said they were aware of Chinese media reports of a ban on meat imports from both countries by Beijing but had not received any official notice and shipments had been clearing as normal.
As a lender, I am always concerned about high volatility. However, there is another risk producers face that can have a tremendous impact on day-to-day operations and your profitability: employee retention.
Mother Nature is wreaking havoc on global ag again. This time she’s being aided by man-made conditions, including supply chain disruptions, a war in Ukraine, worldwide inflation, and extremist activists’ schemes.
China is on track to be the leading international buyer of U.S. ag products for a third consecutive year. Much of the boost can be attributed to significantly higher prices this year versus last.
Impressive demand, tighter hog supplies and a smaller than expected slaughter have created headwinds for the hogs and pork outlook at the start of August. Here are 10 things to keep in mind looking forward.
Grains ended mixed still trying to determine crop size after weekend rains and ahead of crop ratings. Livestock were strong with new contract highs in October lean hogs.
Though the animal protein sector faces many challenges, producers transitioned to the first “post-COVID” summer grilling season with blazing success, says CoBank’s Brian Earnest. Here’s a look at his latest report.
Europe and the Netherlands have been dealing with an increasingly incendiary political situation pitting the country’s farmers against EU government plans to decrease greenhouse gas emissions by half by 2030.
The spread of African swine fever (ASF) isn’t slowing down across the globe. Rabobank says this continues to impact production and trade for pork producers around the world.
As inputs and health challenges continue to take their toll, U.S. sow herd expansion remains on hold for most, Rabobank says in its Global Pork Quarterly Q3 report. Here’s a look at what’s coming.
Cash-traded feeder pig reported volume was below average this past week, with 6,365 head reported. Cash feeder pig reported prices were $68.87, up $0.87 per head from last week.
After four years of litigation, a pork antitrust case involving several meat processing companies isn’t any closer to a resolution.
USDA is increasing the amount of funding available for the Spot Market Hog Pandemic Program and expects to issue approximately $62.8 million in pandemic assistance payments to hog producers starting this week.
Cash-traded weaner pig reported volume was below average this past week, with 20,550 head reported. Cash weaner pig reported prices were $39.24, down $0.60 per head from last week.
Cash-traded feeder pig reported volume was above average this past week, with 9,985 head reported. Cash feeder pig reported prices were $68.06, down $1.37 per head from last week.
China’s second-quarter pork output climbed to 13.78 million tonnes, according to calculations based on official data released on Friday, the highest level for the period since at least 2015.
Brazilian food company BRF received approval to ship pork to Canada, as Canada opens up for more Brazilian meat imports.
President Biden says he has not made a decision yet on whether to lift some of the $370 billion of tariffs imposed on Chinese imports by the Trump Administration.
While global pork exports were expected to suffer a setback in 2022, the outlook is increasingly grim, USDA Foreign Agriculture Service said in the July 12 Livestock and Poultry: World Markets and Trade report.
NPPC urges the Biden administration to eliminate Taiwan’s unjustified restrictions on U.S. pork. NPPC notes $150 million in annual U.S. pork sales could be made to Taiwan if it removed its ractopamine ban.
Did you know that more than 66,000 U.S. pig farms sold more than 140 million hogs in 2021 worth over $28 billion in gross cash receipts? A new NPPC report highlights how pig farmers are contributing to the economy.
Cash-traded weaner pig reported volume was above average this past week, with 36,735 head reported. Cash weaner pig reported prices were $40.37, up $2.35 per head from last week.
Cash-traded feeder pig reported volume was below average this past week, with 6,165 head reported. Cash feeder pig reported prices were $68.74, up $1.87 per head from last week.
Jason Franken, WIU ag economist and contributor to the University of Illinois farmdoc team, forecasts hog prices for the next four quarters following the recent USDA Hogs and Pigs Report.
Although the June Hogs and Pigs Report came in close to analysts’ expectations and was a “neutral report” in the market, Altin Kalo said it does provide hints into supplies and pricing down the road.