Hog Prices-Markets
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.
Cash-traded feeder pig reported volume was above average with 15,850 head reported. Cash feeder pig reported prices were $82.26, up $1.94 per head from last week.
If the U.S. consumer is to truly reimagine pork, some fairly significant changes may be required over time, says CoBank’s Earnest. Despite the challenges associated with broadening pork’s appeal with domestic consumers, he says the industry is in a strong position.
Check out Sterling Marketing’s Profit Tracker for the week of May 24
New facility in Perry, Iowa, will create 500 new jobs, boost local economy and feed millions nationwide.
The Intercontinental Congress of Pork Producers attracts global players in the pork industry and provides a showcase for innovations, access to key decision makers, and an opportunity to make strategic connections.
Cash-traded feeder pig reported volume was below average with 8,298 head reported. Cash feeder pig reported prices were $80.32, up $0.27 per head from last week.
Expect a rebalancing of global pork trade, modest supply growth and ongoing volatility in 2025, experts say in RaboResearch’s Global Pork Quarterly report.
China is one of the biggest importers of American breeding pigs and other livestock genetic material such as cattle semen. These lucrative niche export markets had been growing, but have dried up since the start of the U.S.-China trade war.
Check out the latest Sterling Marketing Profit Tracker ending the week of May 17.
Cash-traded feeder pig reported volume was below average with 12,950 head reported. Cash feeder pig reported prices were $80.05, up $0.77 per head from last week.
Check out the Sterling Marketing Pork Profit Tracker ending week of May 10.
JBS global CEO says the impact on JBS operations from the global tariff war have been “insignificant” so far, with a nearly 78% annual increase in net profit driven by its poultry and pork businesses in Brazil and the U.S.
NPPC President Duane Stateler says it’s just as critical – if not more – that the House Agriculture Committee keeps its promise to take action on a solution to the many problems triggered by California Proposition 12.
Cash-traded feeder pig reported volume was below average with 12,000 head reported. Cash feeder pig reported prices were $79.28, down $0.01 per head from last week.
How do you remain calm and composed under the pressures in Washington, D.C., today? NPPC’s Maria C. Zieba says her passion for the people she represents is what makes it possible to keep going despite the challenges that come her way.
Dave Chatterton, Strategic Farm Marketing, says the markets faded the news as the realization set in that no major breakthroughs in the trade talks are expected and a long term trade deal with China could take quite some time.
As trade negotiations continue with China and Mexico, USMEF’s Dan Halstrom and Illinois pig farmer Chad Leman share their perspectives on what’s ahead for pork and beef producers.
Check out Sterling Marketing’s Profit Tracker ending the week of May 3.
Cash traded feeder pig reported volume was above average with 15,775 head reported. Cash feeder pig reported prices were $79.29, down $3.65 per head from last week.