Hog Prices-Markets
Cash-traded feeder pig reported volume was below average with 13,670 head reported. Cash feeder pig reported prices were $77.61, up $1.17 per head from last week.
“It begs the question — if producers are paying more, and consumers are paying more, who is winning?” said Glenn “GT” Thompson, committee chairman.
Check out the Sterling Marketing Profit Tracker for week of July 19.
The U.S. Meat Export Federation is urging the Office of the U.S. Trade Representative to review pork and beef trade barriers.
Cash-traded feeder pig reported volume was below average with 6,175 head reported. Cash feeder pig reported prices were $76.44, down $6.14 per head from last week.
NPPC President Duane Stateler says the North American pork industries are strongest when they collaborate, share challenges and solutions, and learn from one another.
Cash-traded feeder pig reported volume was above average with 22,841 head reported. Cash feeder pig reported prices were $82.58, down $5.71 per head from last week.
Check out Sterling Marketing’s Profit Tracker for week of July 5
Don’t forget the lessons of harder days to make sure your risk management strategies to protect against potential future losses are solid.
Cash-traded feeder pig reported volume was above average with 17,650 head reported. Cash feeder pig reported prices were $88.29, down $1.76 per head from last week.
Check out Sterling Marketing’s Profit Tracker for week of June 28
Cash-traded feeder pig reported volume was above average with 22,650 head reported. Cash feeder pig reported prices were $90.05, up $1.90 per head from last week.
The industry is starting to see profits from a cumulative standpoint similar to levels in August 2022 and producers could be seeing breakeven this August.
Cash-traded feeder pig reported volume was above average with 19,950 head reported. Cash feeder pig reported prices were $88.15, up $4.21 per head from last week.
A Farm Credit peer benchmarking review reveals what differentiated pork operations that have done well and those that have struggled.
The business side of the pork industry is good and needs to be good, says veterinarian Clayton Johnson. But producers face uncertainty with PRRS and other diseases, making the current state of the industry a bit of a paradox.
In one second, years of audience-building and customer relationships were lost for Chris and Kaitlyn Hofschulte, showpig breeders in Miami, Okla.
Check out Sterling Marketing’s Profit Tracker for week of June 14.
Cash-traded feeder pig reported volume was above average with 18,246 head reported. Cash feeder pig reported prices were $83.94, up $3.73 per head from last week.
Meat Institute’s Julie Anna Potts says President Trump has an opportunity to solve the agriculture labor crisis that has challenged farmers and ranchers for decades.
The newly approved facilities include 23 pork plants and 83 poultry plants, according to a Chinese Customs database.
Cash-traded feeder pig reported volume was below average with 9,600 head reported. Cash feeder pig reported prices were $80.21, down $2.05 per head from last week.
A glance at some of the perspectives and ideas shared in conversations at the World Pork Expo.
Ag economists share options for producers to take advantage of the market and hedge their risk moving forward.
Jeff Hoogendoorn, with Professional Ag Marketing, says hogs ended mixed Wednesday, consolidating after the recent rally driven by higher cash and cutouts. While soybeans rallied after the Trump/Xi call.
Pork demand and prices are regaining losses, but producer profitability hasn’t been as quick to rebound. On the heels of $30-per-head losses in 2023 and break-even in 2024, this year producers are seeing a $15-per-head profit.
Lower feed costs and more domestic demand opportunity offer promising signs for the back half of year.
Check out the Sterling Marketing Profit Tracker for week of May 31.
Lee Schulz and Chip Flory discuss current supply and demand in the beef and pork industries and what’s ahead.
There’s no question that the conversations held at World Pork Expo – whether in the aisles of the trade show or in the tents under the shade trees – will lead to pivotal decisions, exciting advancements and partnership opportunities that will change the future of the global pork industry.