Hog Prices-Markets
Four economists take a look at the issues most likely to spark attention in the upcoming USDA Quarterly Hogs & Pigs Report to be released on June 29.
In recent years, pork producers in the Americas have seen major changes in the marketplace. One of the most prominent changes is a shift in focus to rising foreign markets, especially in Asia.
Cash-traded feeder pig reported volume was below average this past week, with 6,449 head reported. Cash feeder pig reported prices were $66.87, up $1.44 per head from last week.
China’s soymeal inventories have tripled in the last three months as large volumes of soybeans arrived in the country where demand for the animal feed ingredient is weak, analysts and traders said.
Four economists take a look at the issues most likely to spark attention in the upcoming USDA Quarterly Hogs & Pigs Report to be released on June 29.
A new opportunity at the National Pork Producers Council will allow Maria Zieba to continue her passion for trade and advocate for greater access to high-quality, affordable pork products for consumers around the globe.
Economists see interest-rate increases raising likelihood of recession to 44% in coming 12 months.
Feeder pig prices are moving seasonally lower, says the Daily Livestock Report. Meanwhile, higher total costs are expected to remain a headwind for producers’ profitability in the near term.
Cash-traded feeder pig reported volume was below average this past week, with 6,710 head reported. Cash feeder pig reported prices were $65.43, down $2.24 per head from last week.
While bilateral market access agreements have been very beneficial for U.S. pork producers, they take time to negotiate, and that’s the reason NPPC has been so strident in calling for the U.S. to join the CPTPP.
Cash-traded weaner pig reported volume was above average this past week, with 45,000 head reported. Cash weaner pig reported prices were $41.07, up $0.34 per head from last week.
While overall pork exports are down, Mexico remains hungry for U.S. pork. Exports to Mexico have been on fire this year, up 24% in March. The latest data from April shows shipments to Mexico remain on a record pace.
U.S. pork exports are trailing last year’s record setting pace.
Cash-traded feeder pig reported volume was below average this past week, with 8,029 head reported. Cash feeder pig reported prices were $72.85, up $2.63 per head from last week.
Feed costs are seeing volatile swings, even as hog prices trend higher. While the markets produce major whiplash for producers, margins on the farm show costs are increasing faster than returns.
Dynamic markets. Volatility. Russia-Ukraine war. High feed costs. Consumer demand strength. The issues affecting the pork outlook go on and on. Five economists share what’s ahead for the second half of 2022.
Tiny slivers of ear tissue snipped from hours-old piglets offer clues for the team at Best Genetics Group as it strives to improve genetics of China’s hog herd to produce cheaper meat for the world’s top pork consumer.
Never before has a more intense understanding, and translation, of the world’s pork system infrastructure been more critical. Here’s why experts are optimistic that the Americas are positioned for incredible growth.
Cash-traded feeder pig reported volume was above average this past week, with 13,790 head reported. Cash feeder pig reported prices were $70.22, down $5.10 per head from last week.
The pork industry is increasingly influenced by markets and events beyond our borders, says Christine McCracken, executive director and senior animal protein analyst at Rabobank. Here’s why you need to pay attention.
The spike in feed costs has led to many questions about livestock producer responses and productive capacity in 2023, Steiner Consulting Group says.
British meat producer Cranswick stands by its outlook for the current fiscal year and reported higher annual profit, as it continues to rein in costs stemming from inflation, labor shortages, and supply chain issues.
Honduran President Xiomara Castro wants to review her country’s 2004 trade agreement with the United States, the National Pork Producers Council reports in Capital Update.
Cash-traded weaner pig reported volume was above average this past week, with 40,343 head reported. Cash weaner pig reported prices were $45.96, up $2.23 per head from last week.
IN-DEPTH MARKET ANALYSIS: Wednesday was a risk-off day in the agricultural commodity markets.
Mexico will waive import duties for one year on a range of household staples, including pork, in a bid to curb inflation, the government said.
Cash-traded weaner pig reported volume was above average this past week, with 36,400 head reported. Cash weaner pig reported prices were $43.73, down $3.39 per head from last week.
Managing cost of production — from feed to labor to facility costs — has become more critical in maintaining a profitable hog operation. A good way to manage efficiencies is to compare them with industry benchmarks.
Biden says Ukraine has 20 million tons of stored grain awaiting export to various countries. He says lack of port movement coupled with halted planting in Ukraine will ignite a global food crisis unless action is taken.
Join AgDay TV’s Clinton Griffiths and PORK editor Jennifer Shike on May 25 for the United Pork Americas Online Symposium on global pork production with Richard Herzfelder, Gira, and Nathan Losey, AgResource Company.