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.

Pork Economics 101
We’re going back to Econ 101 again this week. Figures 1 and 2 accompany the following discussion. Higher demand is a great thing! It allows everyone to be happy. Consumers are happy because they are the ones who initiate higher demand
Markets' Ebbs and Flows Remain Baffling
My grandfather had a great saying for those things he considered unusual: “I’ve been to two county fairs and three goat ropings and I ain’t never seen nothing like this.” Amen, Ervin. Amen.
Rewriting Hog Price History
What a difference two weeks can make! My trip to Brazil last week and the associated e-mail challenges prevented my column about record-high hog prices from reaching the North American Preview editors. Too bad, because
Facing Three Crop Challenges
Has there ever been a more dynamic time for grain and livestock markets? I don't think so. The financial prospects of pork producers seem to change by the hour – or at least by the day – and I’m not sure I can remember when
Corn Crop Poised to Be Second Largest
Tuesday’s Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports from the U.S. Department of Agriculture (USDA) were welcome news for grain users. USDA increased its
Demand-Driven Rally Tied to Exports
The hog price rally that I wrote about two weeks ago has now carried U.S. farm-level hog prices to near-record highs (see Figure 1). This week will almost surely beat
Ag Secretary Schafer Disappoints
Wednesday was a disappointing day for livestock feeders as the USDA once again turned its back on helping reduce the huge increase in livestock production costs. Secretary of Agriculture Ed Schafer announced that USDA
Hog Market Trifecta Welcomed News
Continued high hog slaughter, a major rally in the pork cutout value and gross packer margins at their highest level since February 1999 – and all of this is happening in July, no less!
Watch for Feed Buying Opportunities
What we characterized as a “small decline in projected hog feed costs” last week is developing into a potential buying opportunity for pork producers.
Corn Prices Finally Pushed Lower
Good growing conditions and what some feel is an ambitious yield estimate from Informa Economics pushed corn futures prices lower last week, providing some much-needed
Tracking the Corn Crop
Before we contemplate business, let us first contemplate freedom as we prepare to celebrate the most important day in our nation’s history. Fifty-six visionaries signed
Hogs & Pigs Report 'Disheartening'
The opening line of National Hog Farmer’s March 2008 USDA Hogs and Pigs Report Review read: “If U.S. and Canadian hog producers needed any more cold water to shock them into full scale contraction, Friday’s Quarterly Hogs and Pigs Report from USDA ought to do it.”
Anxiously Awaiting Hog and Crop Forecasts
All eyes turn to USDA reports as agency statisticians publish estimates of hog numbers on Friday and, perhaps more importantly, crop acreage and grain stocks on Monday. Watch your e-mail on Monday for our summary
Hog Futures React to High Feed Prices
“If it weren’t for bad luck, we’d have no luck at all.” That line from the old Hee Haw song skit “Gloom, Despair and Agony on Me” kept coming to mind this week.
Crop Forecasts Rattle the Market
What a week for U.S. agriculture, in general, and the hog business in particular! Consider:
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