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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...

Pork Export Trend Unsettling 

Yesterday's U.S. pork export data was again disappointing, showing June shipments were 11% lower than a year ago...

Fall Numbers May Test Slaughter Capacity 

With the possibility of large numbers of hogs hitting the market this fall, packing capacity could once again become a critical issue for the U.S. pork industry...

Export Expectations Adjusted 

Export sales in May 2007 continued a disappointing trend. Year-to-date export volume through May was down 4.7% vs. one year ago...

Are China's Losses Driving Futures Prices? 

Chicago Mercantile Exchange Lean Hogs futures prices surged upward on Thursday buoyed by rumors that China was shopping for pork in the United States...

Hog, Grain Markets Begin to Settle In 

The reaction of Chicago Mercantile Exchange Lean Hogs futures prices to last week's USDA Hogs & Pigs Report was a bit more negative than I had expected...

Hogs & Pigs Report Special Edition 

USDA's Quarterly Hogs & Pigs report, released Friday afternoon, June 29, contained no big shocks...

Protecting Valuable Pork Exports 

I have spent a good deal of time over the past few years trumpeting the exporting success of the U.S. pork industry...

Storm Clouds Lurking Over Hog Market 

At the risk of contributing to the overuse of the term "perfect storm," I have had the feeling all week that we are headed for a veritable...

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Current Issue

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. ...

Current Issue

The "Good" and "Bad" Sides of a Cheaper Dollar

As I begin this week's column, I"m reminded of two different "flip side" statements that may help characterize the topic at hand. The first is the old Archie Campbell schtick - "That's good - no that’s bad," which I have used before. The second reflects President Truman's frustration with economists' incessant use of the qualifier - "on the other hand" - to introduce the contrary opinion on a given topic. President Truman once demanded in his usual colorful language: "Will someone please find me a *!&%$*?>

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