Canadian Hogs Confound Market Reports
There have been several reports that Canadian-born market hogs are being regularly discounted by U.S. packers. I’m sure that some of those reports are based on fact. But the entire situation...
Meat, Crop Supplies Vetted
In case anyone noticed and was wondering, the identical Q1-2009 slaughter numbers under each forecaster in last week’s Figure 1 (the table of forecasts following the March Hogs and Pigs Report) does not mean that all of us came up with the same number...
Pig Crop Report Revisited
First, a correction to the Hogs and Pigs special report you received on Monday. Table 1 (attached) has the correct figure of 28.387 million head for the Dec.-Feb. pig crop last year...
Bullish and Bearish Numbers
USDA’s quarterly Hogs and Pigs report, released on Friday, was once again a mixture of bullish and bearish numbers with market supplies a bit bearish and breeding herd numbers a bit bullish in the long run....
Pig Crop Projections and Long-Term Trends
This afternoon, USDA will release its estimates of U.S. hog and pig inventories on March 1. Watch your e-mail on Monday for a summary of the report and its implications for...
Meat Demand is Risky Business
I remain very concerned about meat demand, in general. I have believed for some time that this is far and away the largest risk factor for the U.S. pork industry in 2009....
Patience – Spring is Coming!
It has been a long, cold winter — made considerably colder and longer for hog producers by a constant flow of red ink....
Uncertainty Engulfs Meadowbrook Farms
The farmer-owned packing plant shutdown raises more questions and discontent. News of Meadowbrook Farms Cooperative suspending operations at its $39 million...
Use Risk Management to Avoid Pitfalls
Macroeconomic fundamentals will dominate the markets and trickle down to pork producers, so keep a close eye on inflation/deflation signals. On July 14,...
Lender Predicts More Market Volatility in 2009
Ups and downs in the market should equal breakeven year for many. If anything is for certain in 2009, it is that volatility has become the norm in the...
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