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 Exports' Remarkable Rebound
It's big news (at least for people who follow NASCAR) when Jimmy Johnson spots Jeff Gordon a big lead and then wins four in a row to reel him in and put himself on the cusp of his second straight championship
Thinning Profits Inevitable
Iowa State University's Department of Economics reports that the average farrow-to-finish producer was once again profitable for September market hog sales -- but just barely
Farm Bill Could Impact Hog Market
The U.S. Senate will begin debate on its version of the 2007 Farm Bill next week and the proposed legislation contains several provisions that, if adopted, will fundamentally change the way
Canadian Counts Slip Further
Canada's quarterly Hog Statistics report was released yesterday by Statistics Canada. The report showed a continuing decline in hog numbers, especially in the market hog categories
Cash Hog Prices Show Resiliency
If there is anything more remarkable than the weekly slaughter runs we have seen thus far in October (in case you missed it, we set another record last week at 2.353 million head), it has been the fact that cash hog prices have held their own
Weekly Record Hog Slaughter Continues
If there were any doubters out there regarding the potential for large hog supplies this fall, last week's record weekly estimated slaughter run of 2.321 million head should serve as a dose of very cold water
Ethanol Margins Thinning
This week's announcement that VeraSun is suspending work on an Indiana ethanol plant underscores the economic impact of "irrational exuberance" in any market
Quick Return to Profitability Unlikely
USDA's Quarterly Hogs and Pigs report, released Friday afternoon, Sept. 28, indicates that any hopes of a quick return to profitability for U.S. pork producers is unlikely
Variations in Price Reporting
As cash hog prices have fallen to near or below breakeven levels for many pork producers, we thought it would be good to take a look at some historical relationships between the various
Hog Runs Raise Concerns
Last week's U.S. federally inspected (FI) hog slaughter total of 2.226 million head was the fourth-largest ever and a bit of a shock that it came so early
Pork Packing Sectors See Constant Change
The catchphrase, “The only thing that is constant is change” certainly applies to the U.S. and Canadian pork packing sectors. The never-ending effort to maintain profitability
Crop Reports Offer Hope
The focus of most of U.S. agriculture this week was the monthly USDA Crop Production Report released on Wednesday. Some of the highlights were
Volatile Packer Margins Stabilize
The roller coaster ride of pork packer margins abated a bit last week as my weekly calculated gross margin of $22.43/head was only $0.63/head lower than one week earlier
The China Connection
Smithfield's announcement of the sale of 60 million pounds of pork to China last Friday was welcome news for the U.S. pork industry
Canada's Herd Shrinkage Slows
Canada's inventory of hogs and pigs continues to shrink. Statistics Canada's quarterly Hog Statistics report, released last week, indicates that the Canadian sow herd continues to decline slowly and
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