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Prices

China a major buyer of U.S. pork products in July

09/16/2011 9:00:40 AM
According to the USDA's latest Livestock, Dairy and Poultry report, U.S. pork exports were up sharply in July, propelled largely by shipments to Asia—China and S. Korea in particular. July exports were 386 million pounds, almost 18 percent higher than a year ago. ... Full story.

High feed prices likely to drive hog weights lower

09/16/2011 8:00:00 AM
With larger anticipated fall-quarter hog numbers just around the corner, U.S. hog prices have tailed-off steadily since reaching a record-high of $79.33 per cwt in early August according to the USDA's Livestock, Dairy and Poultry report. At the same time, cash prices of corn in Iowa, the largest hog producing State in the country, have traded in the high $6 to low $7 per bushel range since mid-July. ... Full story.

Heavy placements of cattle on feed portend future beef production

08/17/2011 9:15:00 AM
The USDA's latest Livestock, Dairy and Poultry outlook reports that during the first half of 2011, net placements were 2 percent above placements for the first half of 2010 as drought has pushed cattle off pastures in many parts of the country, and most of these feeder cattle have gone into feedlots. ... Full story.

U.S. livestock review: Hogs rise on commodities

07/13/2011 3:52:51 PM
U.S. lean hog futures rose Wednesday on a broad-based rally in commodities and continued signs of strong demand for U.S. pork abroad. ... Full story.

USDA forecasts higher pork production

07/12/2011 7:41:47 AM
According to the USDA's July World Agricultural Supply and Demand Estimates report released on July 12, the forecast for 2011 total meat production is lowered from last month as lower beef production more than offsets higher expected pork and turkey production. ... Full story.

Hog Outlook: Slaughtered sows climb 8%

07/08/2011 3:00:18 PM
Based on preliminary data it looks like the number of sows slaughtered in the U.S. was up nearly 8% during June compared to 12 months earlier. The number of Canadian sows imported for slaughter during June was down 8%, so slaughter of U.S. sows was up roughly 11%. ... Full story.

U.S. livestock review: Hogs rebounds on equities, firm cash prices

07/01/2011 3:41:39 PM
U.S. livestock futures were higher Friday as prices rebounded from Thursday's losses thanks to firm cash markets and a jump in equities. ... Full story.

Hog Outlook: Pork prices dip

07/01/2011 2:49:47 PM
Hog prices went downhill this week. Carcass prices exceeded a dollar per pound early in the week. The national average negotiated carcass price for direct delivered hogs on the morning report today was $94.81/cwt, down $5.96 from last Friday. ... Full story.

U.S. livestock review: Hogs rally on corn

06/29/2011 2:45:00 PM
U.S. lean hogs futures rose Wednesday as corn climbed with other commodities and the U.S. dollar fell. ... Full story.

Pork outlook looks up as corn prices go down

06/28/2011 7:00:00 AM
Pork producers are maintaining the size of the breeding herd in the face of a very uncertain financial outlook. This cautious position would be expected given the wide swings in both hog and feed prices evident this spring. ... Full story.

Pork producers keep expansion in check amid uncertain profit outlook

06/23/2011 6:00:00 AM
The nation’s pork producers are on track for a second consecutive profitable year thanks to high hog prices and robust exports, but show little inclination to add to herds with corn costs up sharply. ... Full story.

Hog Outlook: April pork exports climb 20%

06/17/2011 2:47:12 PM
U.S. pork exports during April were up 19.5% compared to a year earlier. Pork imports were up 5.8% in April. During April the U.S. exported 23.5% of our pork production while imports equaled 3.8% of production. ... Full story.
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