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  • Jul. 23, 2012
    Article

    Managing Volatility is Job No. 1

    It is almost unbelievable to think that at the beginning of June, corn prices were $4.00/bu. Now, prices in southern Minnesota have nearly doubled and new crop corn was priced at over $7.60/bu. on Friday, July 20. Soybean meal costs have gone from $380/ton in June to trading at $540/ton. It is our best estimate that feed cost per head for a farrow-to-finish producer is between $125-$130, putting breakeven costs at $180 to $190/head....More
  • Jul. 23, 2012
    Article

    Short Corn Yields Will Spell Red Ink for Hogs

    Circle Aug. 10 on your calendar. That is the day USDA will release its monthly Crop Production and World Agricultural Supply and Demand Estimates (WASDE). It may also be the single most important day for U.S. livestock and poultry producers any of us can remember. Dec. 23, 2003, when bovine spongiform encephalopathy (BSE) was discovered in the United States was a big one, but the impact of the next WASDE report could be even larger....More
  • Jul. 20, 2012
    News

    Oink Outings Help Traverse Consumers’ Knowledge Gap

    The Minnesota Pork Board (MPB) and Minnesota Pork Producers Association introduced Oink Outings last summer as a way to listen and respond to consumer questions and concerns on how farmers raise and care for their pigs....More
  • Jul. 16, 2012
    Article

    Tight Corn Supplies Could Get Even Tighter

    USDA’s monthly World Agricultural Supply and Demand Estimates (WASDE) report slashed projected national corn yields by 20 bu./acre from their June level....More
  • Jul. 16, 2012
    Article

    U.S. Pork Tops Korean Blind Taste Test

    American pork is the winner and still champion among South Korean consumers and meat industry experts alike....More
  • Jul. 13, 2012
    News

    Feed Picture May Blunt Pork Supply Hike

    As corn futures are flirting with $8 per bushel prices and projections of hog breakevens surge higher, the U.S. Department of Agriculture (USDA) expects U.S. pork supplies to increase both in 2012 and 2013. Total pork production for 2012 is forecast at 23.315 million pounds, some 540 million pounds or 2.4% higher than a year ago, according to Daily Livestock Report (www.dailylivestockreport.com) analysts Steve Meyer and Len Steiner....More
  • Jul. 12, 2012
    News

    Pork Exports Continue to Excel in May Trade Report

    U.S. pork exports in May were up 3% in volume (186,809 metric tons) from a year ago and 9% higher in value ($524.3 million). Through the first five months of the year, pork exports exceeded last year’s record pace by 6% in volume (968,485 metric tons) and 15% in value ($2.7 billion)....More
  • Jul. 10, 2012
    News

    Unrest Builds Over Canada’s Inclusion In Trade Partnership 1

    The United States, New Zealand and Australia are up in arms over the recent decision at the G20 summit to include Canada in the Trans-Pacific Partnership (TPP) due to Canada’s open agricultural subsidy schemes, in particular its programs for Canadian pork production....More
  • Jul. 2, 2012
    Article

    Hogs & Pigs Report Held Some Surprises

    Friday’s quarterly Hogs and Pigs report from USDA contained few surprises, but may have mixed impacts....More
  • Jul. 2, 2012
    Article

    “Burden to Trade” Instrumental in COOL Ruling

    The World Trade Organization (WTO) Appellate Body upheld much of last year’s WTO dispute settlement panel ruling that the country-of-origin labeling (COOL) violates the United States’ trade obligations under the WTO agreement on technical barriers to trade....More
  • Jul. 2, 2012
    Article

    USDA Outlines Gains for Meat & Poultry in Russian PNTR

    Secretary of Agriculture Tom Vilsack outlined the gains that U.S. pork, beef and poultry exports could expect if Congress approves legislation before the Senate Finance Committee to grant Permanent Normal Trade Relations (PNTR) with Russia....More
  • Jun. 27, 2012
    News

    USDA Pre-Reports Offer Livestock, Crop Trends

    Today DowJones released its pre-report surveys of analyses of Friday’s USDA livestock and crop reports, summarized by the CME Group’s Daily Livestock Report. The reports indicate:...More
  • Jun. 25, 2012
    Article

    Hog Count Falls Short, but Plenty of Pork in Cold Storage

    For the fourth week in the last six, Federally Inspected (FI) hog slaughter was lower than the levels indicated by the USDA’s March Hogs and Pigs Report....More
  • Jun. 22, 2012
    News

    Pork Production Sets New Record in May

    Commercial hog slaughter in May was 9.285 million head, 8.7% larger than for the same month a year ago. Adjusted for the extra slaughter day, commercial slaughter in May was up 3.7% from a year ago, according to Daily Livestock Slaughter (DLR) analysts Steve Meyer and Len Steiner. The monthly increase was quite significant, in fact it was the largest year over year increase since 2008....More
  • Jun. 21, 2012
    News

    USDA Supports Mexico as TPP Negotiating Partner

    Agriculture Secretary Tom Vilsack made the following statement today in support of President Obama's invitation to Mexico to join the Trans Pacific Partnership (TPP) negotiations, pending successful conclusion of domestic procedures....More
  • Jun. 21, 2012
    News

    U.S. Pork Meets Growing Mexican Demand

    More than one out of every four hogs harvested in the United States is destined for international markets, and the Pork Checkoff is strengthening partnerships that put more U.S. pork on the world’s table, especially in Mexico. “Mexico has a growing middle class, and people are increasing their animal protein consumption,” says Becca Hendricks, assistant vice president of international marketing for the Pork Checkoff....More
  • Jun. 19, 2012
    Article

    Attitudes about Food Production are Eye-Opening

    During the recent North American Strategy Conference on Animal Agri¬culture held in Chicago, the Center for Food Integrity (CFI) assembled a diverse panel of consumers from the area. Panel members were unaware that they were speaking to an audience primarily made up of food producers and distributors....More
  • Jun. 19, 2012
    Article

    Food Supply Chain Communication Drives Positive Change 1

    That was the overwhelming message to those attending the Center for Food Integrity (CFI) North American Strategy Conference on Animal Agriculture held in Chicago recently. Participants included agricultural producers, food distributors and restaurant and grocery store supply chain managers from across North America. The conference goal was to identify ways to build consumer trust for food animal agriculture....More
  • Jun. 18, 2012
    Article

    Corn Price, Hog Rally Gets a Second Look

    I got the distinct impression at World Pork Expo that some people were thinking that “Steve Meyer has lost his mind – a big hog rally and corn at $4/bushel!”...More
  • Jun. 18, 2012
    Article

    Permanent Normal Trade Relations with Russia

    Legislation was introduced by Senators Max Baucus (D-MT), John Thune (R-SD), John Kerry (D-MA) and John McCain (R-AZ) in the Senate to establish Permanent Normal Trade Relations (PNTR) with Russia....More
  • Jun. 18, 2012
    Article

    Iowa Corn Grower Gives Pork Exports a Thumbs Up

    When Roger Zylstra looks at the latest pork export numbers, he sees green – folding green. A Lynnville, IA, corn and soybean farmer and secretary/treasurer of the Iowa Corn Growers Association (ICGA), Zylstra also feeds hogs and keeps a very close eye on the pork market....More
  • Jun. 14, 2012
    News

    NPPC Presses Canada To Suspend Hog Subsidies

    The National Pork Producers Council (NPPC) is requesting that Canada suspend its hog subsidy programs before entering the Trans-Pacific Partnership (TPP) trade talks. NPPC pointed out if similar programs existed in the United States, production would more than double in 10 years and critically impact the Canadian hog market....More
  • Jun. 12, 2012
    News

    Pork Exports Slip in April But Remain Ahead of 2011

    USDA’s monthly report of meat and poultry exports indicates that shipments for April were mixed across the three largest species with pork exports smaller, beef exports larger and chicken exports up very slightly for the month, according to Steve Meyer and Len Steiner of the Daily Livestock Report sponsored by the CME Group. Some key items from Monday’s release include:...More
  • Jun. 11, 2012
    Article

    Keeping Tabs on the Corn Crop, Sow Herd Expansion

    Last week’s World Pork Expo in Des Moines was another rousing success. Crowds were large for both full days of the event on Wednesday and Thursday and were very good for Friday’s half-day....More
  • May 29, 2012
    News

    World Pork Expo Begins Next Week 1

    World Pork Expo will take place June 6-8 at the Iowa State Fairgrounds in Des Moines, IA. More than 450 commercial exhibits will display products and services for the pork industry. The trade show and seminar programs are scheduled for 8 a.m. to 5 p.m. on Wednesday, June 6, and Thursday, June 7, and 8 a.m. to 1 p.m. on Friday, June 8. Additional information is available when you connect with World Pork Expo on Facebook and follow World Pork Expo on Twitter using #NPPCWPX...More

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