All Signs Point to Mountain of Pork
With farrowing predictions up 1-3%, total production up 2-3% and slaughter up about 5%, prospects look ominous for 2008. U.S. packers slaughtered a new-record...
Small Steps To a Turnaround
The bigger you are the harder high feed prices will hit your bottom line. Case in point Smithfield Foods' recent announcement to trim their one-million-sow...
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...
Canada Launches Culling Program
The government of Canada announced a Cull Breeding Swine Program this week that it is hoped will remove 10% of Canada's breeding herd from production. Here is what we know...
Canadian Report No Hit, Possibly a Miss
Last week's Canadian Hog Statistics report has been a topic of discussion in many quarters this week. It appears that virtually everyone, including Canadian producers and industry analysts, believe that Statistics Canada has missed the count...
Pork Experiences Growth In National Meat Case Study
New results from the 2007 National Meat Case Study will provide the National Pork Board with insights on trends and strategies in meat case merchandising...
New "Highs" for Corn, Soybeans?
The title line of Ella Fitzgerald's classic, "How High the Moon," keeps coming to mind these days. Just how high is "high" in the grain markets? And how high will high be regarding hog markets in the coming months and years?...
Futures Could Stem Liquidation
Chicago Mercantile Exchange (CME) Lean Hogs futures appear to be confirming a cycle low, especially given the performance of deferred contracts over the past few weeks...
Sow Prices Crumple
Sow prices have plunged this week as large numbers of sows -- especially light ones, according to my contacts -- hit the market at a bad time of the year...
Hog Cycle: Misery Loves Company
The last time that the hog-corn price ratio was at 30 was the week of June 22, 2006. Omaha cash corn was $1.99/bu. and Iowa-southern Minnesota barrows and gilts sold at a base price of $84.02/cwt carcass or $62.18/cwt live...
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