USDA Report Called "Ugly"
If U.S. and Canadian hog producers needed any more cold water to shock them into full-scale contraction, Friday’s Quarterly Hogs & Pigs Report from USDA ought to do it. The numbers are huge and point to...
Look for Analysis of USDA Report
Watch your inbox Monday for our Hogs and Pigs Report Review. The report will be released at 2 p.m. CDT on Friday and promises to be one of the most watched and analyzed USDA reports in quite some time. USDA obviously missed the......
Bubble Bursting or Just a Leak?
Was that the sound of a bubble bursting – or was it just the sound of a leak? Regardless, the price moves of the past two weeks have provided some hope for cost-challenged livestock producers....
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...
Evaluating Lower Market Weights
When low hog prices come, it never takes long for someone to call for lower market weights in order to reduce pork supplies and push prices back upward...
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...
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...
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