Hog Prices-Markets
Cash-traded feeder pig reported volume was above average this past week, with 8,230 head reported. Cash feeder pig reported prices were $98.72, down $2.24 per head from last week.
February exports of U.S. pork and beef remained below the rapid pace established in early 2020. Still, exports were consistent with USMEF’s February projections. Here’s a look at the numbers.
The Philippine government announced it will provide more market access for pork imports to combat rising pork prices and stabilize supplies.
Cash-traded weaner pig reported volume was below average this past week, with 30,775 head reported. Cash weaner pig reported prices were $52.81, down $2.10 per head from last week.
The pork industry entered one of its darkest periods in spring 2020 when COVID-19 forced the shutdown of several pork packing plants. Paul Yeske, DVM, Swine Vet Center, helped hog producers work through the closures.
The latest USDA report shows there’s a great deal of caution in the pork industry right now despite some of the highest prices the industry has seen in some time, says John Nalivka, president of Sterling Marketing.
Commodity prices have producers revisiting strategies to reduce feed costs and preserve profits, says Ryan Strobel, DVM, with Swine Vet Center.
JBS USA agreed to pay $20 million to settle a consumer class-action lawsuit alleging the company conspired to fix prices for pork.
A shocker. A game-changer. A surprise. In USDA’s March 1 Quarterly Hogs & Pigs Report, analysts agree this very bullish report changes the outlook perspective.
The USDA’s March Hogs and Pigs report estimates represent the first March-over-March reduction since 2014, says Jason Franken, Western Illinois University ag economist. Here’s his perspective on the pork outlook.
Agricultural economists shared their forecasted prices for the next several quarters following the March 25 announcement of the March 1 Quarterly Hogs and Pigs Report.
USDA revealed COVID-19 is still impacting U.S. pork supplies. The latest Hogs and Pigs Report showed a surprise reduction in overall numbers, including sows.
Canadian pork producers are disappointed by the outcome of Thursday’s meeting between the Federal, Provincial and Territorial Ministers of Agriculture
German pig prices remained firm this week as sales inside Europe helped stabilize markets following import bans on German pork imposed last year by China and other Asian buyers.
Proposition 12, California’s animal welfare rule, is slated to take effect on Jan. 1, 2022. But with these new regulations still mired in a legal battle, the pork industry is left in limbo, Rabobank says.
The reports keep coming of African swine fever outbreaks around the world. The uncertainty is significant when it comes to the 2021 pork outlook, Rabobank says.
German pig prices held firm this week as strong sales inside Europe helped markets to recover from import bans on German pork imposed by Asian buyers including China, traders and industry sources said on Wednesday.
China booked its largest purchase of U.S. corn since January, the U.S. Department of Agriculture said on Tuesday.
A new variant of African swine fever in China has analysts weighing a range of scenarios that could play out in the year ahead.
The value of the U.S. dollar has weakened substantially in the past year and CoBank analysts expect it to experience modest deflation in 2021. This may be good news or not-so-good news depending on the commodity.
Feed prices have risen dramatically, exports are at record levels, cold storage is as empty as it gets, and hog prices are rising. But how do you put all of these pieces together to predict profitability?
A pork producer, a professional, a mom, a storyteller, a champion for the pork industry. Jen Sorenson, newly elected NPPC president, is hitting the ground running in her new role.
Although the rising price of U.S. hogs is impacted by the African swine fever setbacks China is experiencing in their hog herd, experts say it’s not the primary driver why prices are soaring in the U.S.
German pig prices have risen again as sales inside the EU help markets recover from Asian import bans on German pork, traders and industry sources said on Wednesday.
With many of the leading destinations for U.S. pork and beef exports being in Asia, smooth cargo movement through West Coast ports is critical to the success and profitability of the U.S. red meat industry.
Genus sees potential short-term challenges in its drive to help restock China’s massive pig farming industry which has faced a surge in disease outbreaks over the winter, the chief executive said on Thursday.
A summary of Compeer Financial benchmark and comparison to Iowa State University, estimated livestock returns.
During USDA’s 97th Agricultural Outlook Forum, USDA chief economist Seth Meyer provided insight into what the livestock and poultry sectors can expect in 2021.
Pork producers constantly have to make tough decisions about what moves are worth the money, and if there is a type of contract that is worth the money to have your lawyer review, it’s your packer contracts.
British pork producers have seen their profits eroded by COVID-19 and an outbreak of deadly African Swine Fever in Germany, and are now having also to deal with Brexit red tape that has hammered exports and hurt demand.