Farm Bill Could Impact Hog Market
The U.S. Senate will begin debate on its version of the 2007 Farm Bill next week and the proposed legislation contains several provisions that, if adopted, will fundamentally change the way...
Canadian Counts Slip Further
Canada's quarterly Hog Statistics report was released yesterday by Statistics Canada. The report showed a continuing decline in hog numbers, especially in the market hog categories...
Cash Hog Prices Show Resiliency
If there is anything more remarkable than the weekly slaughter runs we have seen thus far in October (in case you missed it, we set another record last week at 2.353 million head), it has been the fact that cash hog prices have held their own...
Weekly Record Hog Slaughter Continues
If there were any doubters out there regarding the potential for large hog supplies this fall, last week's record weekly estimated slaughter run of 2.321 million head should serve as a dose of very cold water...
Ethanol Margins Thinning
This week's announcement that VeraSun is suspending work on an Indiana ethanol plant underscores the economic impact of "irrational exuberance" in any market...
Quick Return to Profitability Unlikely
USDA's Quarterly Hogs and Pigs report, released Friday afternoon, Sept. 28, indicates that any hopes of a quick return to profitability for U.S. pork producers is unlikely...
Variations in Price Reporting
As cash hog prices have fallen to near or below breakeven levels for many pork producers, we thought it would be good to take a look at some historical relationships between the various...
Hog Runs Raise Concerns
Last week's U.S. federally inspected (FI) hog slaughter total of 2.226 million head was the fourth-largest ever and a bit of a shock that it came so early...
Crop Reports Offer Hope
The focus of most of U.S. agriculture this week was the monthly USDA Crop Production Report released on Wednesday. Some of the highlights were...
Volatile Packer Margins Stabilize
The roller coaster ride of pork packer margins abated a bit last week as my weekly calculated gross margin of $22.43/head was only $0.63/head lower than one week earlier...
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