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Rehashing Hog Pricing Categories 

On March 12, the USDA and the Department of Justice will launch a series of “Competition Workshops” in Ankeny, IA. The focus of the first workshop will be crops and seed, but the session will also include hogs and pork. The hogs and pork segment will also be included in a livestock workshop planned for August in Fort Collins, CO. ...

Year-End Meat Inventories Down 

Friday’s Cold Storage report was not wildly bullish, but was certainly good news regarding the status of frozen meat and poultry inventories. Stocks for every species were well below year-ago levels and lower than the already-low levels reported in the Decemb...

Savoring the Strength in the Hog Market 

Is it demand or is it supply? That is the big question regarding the continued rally of cutout values and hog prices over recent weeks. Regardless of the driver, the resounding consensus from producers is:...

Mexico’s Pork Buying Edges Closer to Japan’s  

U.S. pork exports in October were 6% lower on a product weight basis than those of October 2008. The decline in the most recent month for which data are available is a bit of a disappointment, since September had seen exports go to the positive side of the year-on-year ledger for the first time since March. ...

Hard Lessons for Hog Industry Economists 

Why are we analysts more mushy-mouthed than usual about the hog price and profit forecast? Well, maybe the old adage about laying all of the economists in the world end to end and never reaching a conclusion contains a great deal of truth....

Costs, Price Pressures Ease Just a Little 

There was a lot to be positive about in the pork industry the last week of October. I realize it is difficult to be optimistic when you are still losing $25 to $30/head. I also realize that positive news at this point could be as dangerous as it is welcome. But facts are facts, and we must recognize them....

Pork Export Picture Not as Bad as It Looks 

August exports totaled 307.573 million pounds, carcass weight, 18.4% smaller than one year ago but 27% larger than in August 2007....

Supply Crunch Exacerbates Price Spreads  

Judging by some e-mails and phone calls I have received recently, it is time once again to discuss retail pork prices and price spreads....

Hogs & Pigs Report Cautiously Encouraging 

Friday’s USDA Hogs and Pigs report indicates the pace of breeding herd liquidation may be quickening, generally agreeing with pre-report estimates....

Sow Slaughter Finally Takes Upward Path 

U.S. federally inspected (FI) sow slaughter finally went above year-ago levels the week of Aug. 15. That’s one of those occurrences ...

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Current Issue

Revisiting the December Pig Crop Report

At what point do we punt the December Hogs and Pigs Report? That is the question that is weighing on the minds of both market analysts and producers as hog slaughter numbers remain far below expected levels and weights show no signs of "backed up" hogs. I realize there are performance issues, so let's discuss the report, what it suggested for this spring, and the forces that could be driving numbers in various directions.

Current Issue

Year-End Meat Inventories Down

Friday's Cold Storage report was not wildly bullish, but was certainly good news regarding the status of frozen meat and poultry inventories. Stocks for every species were well below year-ago levels and lower than the already-low levels reported in the December report. Data for all meat and poultry species appears in Table 1 and the monthly species totals are shown in Figure 1 to provide a historical perspective.

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