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...
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...
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...
A Marketer's Perspective
Doing a better job of marketing in the next 12-18 months will be key to the survival of many pork producers. Larry Sills, Premium Pork senior agent at...
Hog Price Surge Viewed as a Miracle
The recent spike in hog prices defies sharply higher supply costs. Purdue University Extension marketing specialist Chris Hurt describes recent high hog...
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:...
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