Hog Prices-Markets
Lean hog and pork cutout futures opened up sharply higher on Sept. 27, and for good reason, says Len Steiner of Steiner Consulting Group.
Economist Scott Brown said he’ll be the first to admit he had a lot of scratches on his paper after the announcement of the Sept. 1 Quarterly Hogs and Pigs Report. Three economists share their forecasts.
USDA’s Sept. 1 Quarterly Hogs and Pigs Report contained a very bullish surprise. Four leading economists weigh in on what the report says about the future of the U.S. pork market.
Cash-traded feeder pig reported volume was above average this past week, with 11,550 head reported. Cash feeder pig reported prices were $70.30, down $1.48 per head from last week.
USDA will host a series of educational webinars for the pork industry about USDA’s Livestock Mandatory Reporting (LMR) Program on Oct.12, 19 and 26.
USDA’s Animal and Plant Health Inspection Service is eliminating the Voluntary Trichinae Certification Program effective Oct. 25. Eliminating the program will benefit the pork industry by reducing confusion, APHIS says.
Cash-traded weaner pig reported volume was below average this past week, with 43,470 head reported. Cash weaner pig reported prices were $48.01, up $1.87 per head from last week.
Germany needs to develop a new strategy for the pig farming industry to help farmers who are facing ruinously low prices, German agriculture minister Julia Kloeckner said.
Despite a series of negative market factors in 2020, the European Union swine sector is projected to produce a record volume of pork in 2021, according to the latest USDA Foreign Agricultural Service GAIN report.
It wasn’t easy. But restaurant owner Jeannie Kim found a way to keep her business alive when the pandemic struck. Just when things seemed to be getting better, a new threat reared its ugly head—Proposition 12.
Agriculture associations urge President Biden to address ocean carrier practices causing increased costs and delays for American businesses as “the problem not only persists, but is becoming more dire.”
The forecast for 2021 total red meat and poultry production is lowered from last month, USDA said in its monthly World Agricultural Supply and Demand Estimates (WASDE) report on Sept. 10.
Between the pandemic forcing the shutdown of meat processing plants in 2020 and recent ransomware attacks on the nation’s largest meat supplier, some say concentration of the meat supply chain is a bad idea.
Cash-traded feeder pig reported volume was above average this past week, with 10,350 head reported. Cash feeder pig reported prices were $70.89, up $3.33 per head from last week.
China has lowered its 2021/2022 estimates for consumption of corn used to make animal feed as hog prices stay low.
Talks with China on lifting its ban on German pork imports after the pig disease African swine fever was found in Germany remain difficult, German junior agriculture minister Uwe Feiler said Friday.
When you review the dynamics of the U.S. industry, most indicators are back to a normal “shape.” However, it’s too early to believe the global pork complex, especially the U.S., is returning to business as usual.
When I heard the news about the two cases of atypical BSE in milk cows sent to a slaughterhouse in the State of Minas Gerais in Brazil, my heart sank. Would this be another blow to the global meat industry?
Consumer spending is hitting record numbers in the first two quarters of 2021, and although economic growth may be slowing, it is still occurring. Columnist Kent Bang sheds light on what to expect in the pork markets.
China imported 758,000 metric tons of meat in August, down 8.9% from the corresponding month a year ago, customs data showed on Tuesday, as weak domestic pork prices weighed on demand for imports.
Cash-traded weaner pig reported volume was above average this past week, with 49,417 head reported. Cash weaner pig reported prices were $48.90, up $3.55 per head from last week.
China’s Dalian Commodity Exchange has completed pairing for its first live hog futures contract delivery, the country’s first live-animal physical-delivery contract, according to an article on the exchange’s website.
Three drivers influence cost of production today: facilities, weaned pigs and feed. Feed cost accounts for over 60% of the total cost of production, so what can you do to keep it in check?
China’s pork production is expected to decline 14% in 2022, while pork imports are expected to climb 5.1 MT with consumer demand exceeding domestic production, according to a USDA attaché report released last week.
Canada has joined Mexico in seeking formal consultation with the United States over the interpretation of content rules for automobiles set out in the North American trade pact, Mexico and Canada said on Friday.
Cash-traded feeder pig reported volume was below average this past week, with 5,750 head reported. Cash feeder pig reported prices were $60.93, down $3.61 per head from last week.
The United States said it is seeking to avoid disruptions to pork exports if the territories of Puerto Rico or the U.S. Virgin Islands detect the fatal pig disease African swine fever.
The price collapse in China surprised everyone, Rabobank analysts say in the company’s Pork Quarterly Q3 report. Analysts share six reasons why global pork trade is facing big swings.
Canadian pork producers are urging political candidates to commit to policies that will support a value chain with significant growth potential, including extra attention to diseases like ASF and foot-and-mouth disease.
Cash-traded weaner pig reported volume was below average this past week, with 25,659 head reported. Cash weaner pig reported prices were $42.67, up $0.13 per head from last week.