Steve Meyer

Vice President, Pork Analysis,
Express Markets Inc. Analytics

Steve Meyer, vice president of pork analysis for Express Markets Inc. Analytics of Fort Wayne, Ind. Express Markets and EMI Analytics have been involved in price discovery and analysis for the broiler industry since 2003. They added similar capabilities for turkey in 2008 and have recently added market analysis of pork and beef markets to their product offerings in order to meet the broad information and knowledge needs of customers throughout the meat and poultry production, processing and marketing systems. In May of 2015, Meyer sold Paragon Economics to Express Markets Inc. He brings a wealth of experience in the livestock industry, having served as director of economics for the National Pork Producers Council (1993-2001), and held the same position for the National Pork Board from 2001 to October 2002. In that capacity, Steve provided economic counsel to producers and Pork Board staff and coordinated staff and consultants’ activities regarding meat industry production, price forecasts and the economic impact of pork production and processing. In addition, he administered NPPC programs dealing with marketing and pricing systems, structure, pork industry coordination and competitiveness. Previously, Steve served as a swine business specialist with Moorman Manufacturing Co., a sales representative with Dow Chemical and sales manager for an animal health and agricultural chemical distributor. In addition, he spent three years as an assistant professor in the agriculture economics department at the University of Missouri.

Crop Forecasts Rattle the Market
What a week for U.S. agriculture, in general, and the hog business in particular! Consider:
Three Factors Will Shape U.S., Canada Pork Industries
The Canadian and U.S. pork industries will be primarily shaped by three factors, over the next 12-18 months. These factors, all of which are at unprecedented levels, include:
A Supply-Demand Short Course
The entire concept of “demand” is foreign to many laymans economists. It is even foreign – or at least blurry – to some trained economists. One of my missions since beginning my professional career with the National Pork Producers Council in 1993, has ...
Cold Storage Trending Up
USDA’s monthly cold storage report, released yesterday (May 21), showed a slight reduction in April 30 frozen pork inventories from their record level of March 31. Total pork in commercial warehouses amounted to
Expect Congress to Override Farm Bill Veto
It appears that we now have a 2008 farm bill approved by both houses of Congress. The president has promised a veto, but the majorities in both houses were far beyond the levels required to override a veto. Some Republicans may switch sides to support the president, but observers think the override is a certainty.
Pork’s Part in the Farm Bill
The 2008 farm bill continues to slog through Congress. The bill is still in conference committee where conferees from both houses are trying to work out the differences between their two versions. If and when
Hog Prices Just an Anomaly?
To use an appropriate porcine question: Will demand save our bacon? When we look at the last two weeks, the answer could certainly be a resounding “Yes!” Why else would packers be aggressively chasing hogs when slaughter rates are so high? And why else
Higher Prices Offer Little Relief
It is difficult to believe that spot market carcass prices of $67/cwt. and futures contract prices in the $70s (and $80s for the deferred contracts) can leave the pork industry in a serious financial situation
Why Heavyweight Hogs, Now?
Big question of the day: Why are pork producers selling such heavy hogs when feed costs so much and profits are so awful?
Pork Exports Gain More Strength
Let’s start with some good, good news: U.S. pork exports are smoking thus far in 2008! USDA’s Foreign Agricultural Service data released Thursday indicate that pork exports set an all-time monthly record of
What’s Up with Sow Prices?
Just how fast are producers responding to the worst economic conditions since price collapse of the ’98-99 – or perhaps ever? That has been a topic of widespread discussion these past few weeks
USDA Report Called "Ugly"
If U.S. and Canadian hog producers needed any more cold water to shock them into full-scale contraction, Friday’s Quarterly Hogs & Pigs Report from USDA ought to do it. The numbers are huge and point to
Look for Analysis of USDA Report
Watch your inbox Monday for our Hogs and Pigs Report Review. The report will be released at 2 p.m. CDT on Friday and promises to be one of the most watched and analyzed USDA reports in quite some time. USDA obviously missed the...
Bubble Bursting or Just a Leak?
Was that the sound of a bubble bursting – or was it just the sound of a leak? Regardless, the price moves of the past two weeks have provided some hope for cost-challenged livestock producers.
Of Trends and Such
About three years ago, I noted in some presentations and articles that the long-term trend for cash hog prices appeared to have turned. In spite of the recent dip in prices, I still think that trend is true, so I thought it would be a good idea to revisit the forces that drive trends
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