Hog Prices-Markets
Check out the Sterling Marketing Pork Profit Tracker ending April 12.
The U.S. listing, which has been in the works for years, would provide access to a broader pool of investors and possibly aid JBS in raising its valuation closer to its industry peers.
Cash-traded weaner pig volume was above average this week with 30,250 head being reported which is 46% of the 52-week average.
In the lawsuit, Compeer Financial claims that because of what it calls “the long-running fraud” perpetrated by the defendant companies, they cannot be trusted to operate their businesses and protect their assets.
The Philippines remains the main destination for Brazilian exports, but Mexico, a recently opened market, was shipped 4,600 tons in March.
The dynamics of the industry suggest that a firm pork cutout and tempered feed costs provide ample support for growth, says CoBank’s Brian Earnest.
Arlan Suderman, StoneX Chief Commodities Economist says the markets reacted positively to the 90-day delay on reciprocal tariffs for countries that reached out to negotiate with the U.S. and did not retaliate.
Naomi Blohm, Total Farm Marketing, says grains rebound as the market has absorbed much of the tariff news. Meanwhile, livestock saw follow through selling and triple digit losses.
Check out Sterling Marketing’s Pork Profit Tracker Ending the Week of April 5.
Trust, certainty and stability are key to building and maintaining relationships with trade partners, says NPPC president Duane Stateler.
Cash-traded feeder pig reported volume was below average with 12,256 head reported. Cash feeder pig reported prices were $93.32, down $6.20 per head from last week.
Non-tariff barriers, which also include food safety regulations, are “orders of magnitude” more important than tariff rates.
How is the U.S. pork industry reacting to China slapping an additional 34% tariff on U.S. pork exports?
Check out the Sterling Marketing Pork Profit Tracker for March 29.
There are always revisions to the survey information, but the March 1 report illustrates how potential problems can occur when taking USDA surveys at face value, says economist John Nalivka.
U.S. District Judge John Tunheim mostly rejected efforts by leading pork processors to knock out the allegations before any trial.
There’s no question the U.S. public likes meat. That’s critical to purchasing decisions, says K-State’s Glynn Tonsor. But the reality is consumers must have the financial ability to pay for it.
Despite some small surprises in the report, the outlook remains positive for hog producers in 2025. Here’s why.
The plants will produce beef, pork and poultry, and will mainly use raw materials imported from Brazil.
Cash traded feeder pig reported volume was above average with 16,262 head reported. Cash feeder pig reported prices were $99.52, down $5.01 per head from last week.
The latest USDA Hogs and Pigs Report affirms U.S. pork producers are very savvy, and they’re not going to make investments right now given all the uncertainty that exists, says economist Altin Kalo.
Check out the Sterling Marketing Pork Profit Tracker ending March 22.
The retail meat industry sold 500 million more packages in 2024 than they did in 2023. Of that 500 million-package growth, 62% was driven by millennials.
Flavor and product developments highlight brands’ innovation in the pork category.
The company reports its first quarterly results since going public in January.
The U.S. exported more than $850 million of pork to Canada in 2024, while that country sent $1.7 billion of pork to the U.S.
Cash-traded feeder pig reported volume was above average with 15,490 head reported. Cash feeder pig reported prices were $104.53, down $1.65 per head from last week.
Check out Sterling Marketing’s Pork Profit Tracker for the week ending March 14.
While tariffs are negative for grain and hog producers, tariffs on U.S. beef and cattle imports have a net effect of tightening supplies and that’s price positive.
Cash-traded feeder pig reported volume was above average this past week, with 23,100 head reported. Cash feeder pig reported prices were $106.18, up $3.49 per head from last week.