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Exports Remain a Bright Spot 

U.S. pork exports continue to grow at a torrid pace this year -- much to the benefit of U.S. producers and packers....

Hedging: The "Longs" and "Shorts" of It All 

Several years ago, Ohio State University agricultural economist Carl Zulauf researched the question of whether producers were better or worse off using a systematic hedging system to price their hogs....

Cost of Production Data Elusive 

I am often asked about production costs and how U.S. producers stack up against Canada and other countries. I'll admit, I usually hem and haw a bit because...

Russia's Chicken Suspension Could Hurt 

To paraphrase Oliver Hardy: "Well, this is certainly a fine mess you've gotten us into, Alexei!" Alexei here is Alexei Gordyev, Russia's Minister of Agriculture, who announced on Thursday that Russia would suspend all chicken imports...

Canadian Corn Duty Waived 

I'm a big fan of the TV show, Law & Order. In fact, I have watched so many episodes so many times (thanks to the miracle of satellite TV) that I can spot the soon-to-be-tainted evidence very quickly. You know the evidence I mean...

Pork Exports Continue to Rock! 

U.S. pork exports have begun 2006 just where they left off in 2005: up, up, up!...

Hog Futures Slide As Competing Meats Grow 

First, a correction is in order to last week's North American Preview. While actual federally inspected (FI) hog slaughter during March of this year was 3.5% larger than last year, I made a critical omission in my year-over-year comparisons: ...

Large Chicken, Beef Stocks Dampen Pork Price Prospects 

Iowa State University costs and returns estimates show 26 consecutive, profitable months -- and yet the U.S. pork sector is growing only marginally...

Meat Inventories Must Be Trimmed 

The very first rule for getting yourself out of a hole is stop digging. Granted, it's not easy to rein in livestock production...

Meat Market Volatile, But Don't Panic 

I'm not sure you could pile more negative news on the meat markets if you tried, but it appears...

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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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