Hog Outlook: Lower Prices The Last Two Weeks May Reflect A Slowdown In Retail Movement
The lower hog prices the last two weeks may reflect a slowdown in retail movement. Hog prices quickly moved higher in April and May. Those prices are now showing up in the meat case. Hopefully, the upcoming three day weekend will bring lots of grilling and a need for stores to restock next week. FULL STORY »
Nutrient Testing Lowers Feed Costs, Improves Productivity
Feed systems consisting of high quality nutrients promote healthy, peak-performing animals, higher carcass weights and leaner meats. Proper nutrient management also controls your operating costs.
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Family Fun Planned For World Pork Expo
There’s always something for everyone at World Pork Expo, and this year’s event is no different. Whether you’re a child, or a child at heart, check out some of these festivities that await you on June 9-11 at the Iowa State Fairgrounds in Des Moines.
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Hog Outlook: Losses In Financial Markets Hurt Commodity Futures Contracts
The average price of pork in grocery stores during April was $2.919 per pound. That was up 0.5 cents from March and also half a penny higher than April 2009. FULL STORY »
Hog Outlook: Pork Exports Up, Slaughter Down
U.S. pork exports during March were up 0.2% and pork imports were down 3.4% compared to a year earlier. During the first quarter of 2010, pork exports were up 1.3% and imports were down 3.1%. We started the year expecting 2010 pork exports to total 10% more than in 2009.
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Hog Outlook: April Hog Prices Most Profitable Month Since August 2006
Are this week’s hog prices the highest ever? Because of changes in price reporting systems (and my limited data), it is difficult to say exactly when hog prices were the highest. FULL STORY »
Hog Prices Strong On Pork Demand
Wholesale pork prices have been very strong for much of April leading packers to pay ever higher prices for hogs, say Steve Meyer and Len Steiner in the CME Daily Livestock Report. Current lean hog carcass prices are the highest since August 11, 2008.
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Hog Outlook: Sow Slaughter Dropping, Pork Cutout Value Higher Than A Year Ago
Pigs per litter have increased in Canada, but not as fast as in the U.S. The first quarter of 2010 saw a Canadian average of 9.9 pigs per litter, up 0.7% from the year before. They are 0.3 pigs/litter ahead of us, but the gap has been cut in half over the last 3 years. FULL STORY »
Hog Slaughter By U.S. & State (2009 vs. 2010)
Hog kill totaled 10.03 million head, up 4 percent from March 2009. The average live weight was unchanged from the previous year, at 272 pounds. FULL STORY »
Hog Outlook: Wholesale Pork Prices Rising Fast
During the first two months of 2010, U.S. pork exports were up 1.9%. Our number 1 foreign customer, Japan, purchased less U.S. pork; but Mexico and Canada, numbers 2 and 3, each imported more pork from the U.S. Pork shipments to Hong Kong were up, but shipments to Mainland China continue to be very low. FULL STORY »
Hog Outlook: Cash & Lean Futures End Week Higher
USDA has lowered their forecast of 2010 pork production by 100 million pounds following the March hogs and pigs report and raised their forecast of 2010 price by $3/cwt live. The higher expected price has caused them to lower that forecast of pork exports. FULL STORY »
- Lighter Side: Model goes public with her love for bacon
- Ag markets posted varying losses Thursday
- Ag markets moved unanimously lower Wednesday morning
- Japan's Amari, USTR Froman arranging TPP talks next week
- US dollar strength is weighing on crop markets Thursday morning
- Divergent livestock futures highlighted Wednesday's market action