By Jim Long, President and CEO Genesus Genetics The results are in. U.S Pork Exports in the first quarter of 2012 were 8% higher in volume (598,058 metric tons) and 20% higher in value than last year. A record high... (Continue reading)
By Jim Long, President and CEO Genesus Genetics Swine Canada Inventory Report Last week Statistics Canada released April 1st Canada Swine Inventory Report. The breeding inventory is real steady, in 2011 1.311 million in 2012 1.312 million. That is... (Continue reading)
By Jim Long, President and CEO Genesus Genetics Last week the U.S.D.A. released its projected expectations for the world’s production of beef, pork, and poultry, exports and U.S. market share. 1,000 Metric Tons PRODUCTION 2007 2011 2012 PERCENT CHANGE 2011... (Continue reading)
By Jim Long, President and CEO Genesus Genetics The Enviropig, developed over a decade ago at the University of Guelph, has had its ongoing funding stopped by the Ontario Pork (Producers group). The Enviropig was genetically altered by an added... (Continue reading)
By Jim Long, President and CEO Genesus Genetics Last week we wrote, after the USDA March Hogs and Pig Report, that” we are still of the opinion $1.00 lean hogs will be reached this summer.” It’s interesting how one’s view... (Continue reading)
By Jim Long, President and CEO Genesus Genetics The U.S.D.A. March 01 quarterly Hogs and Pigs Report did not come out with any big surprises. March 01 Inventory (1000) head 2011 2012 2012 as percent of 2011 All Hogs and... (Continue reading)
By Jim Long, President and CEO Genesus Genetics Last Friday June lean hog futures closed at 92.225/lb., the lowest daily close of June lean hog futures in the last 9 months. Not Good. Since the first of March lean hog... (Continue reading)
By Jim Long, President and CEO Genesus Genetics Last week we participated in the Annual American Association of Swine Veterinarians (AASV) held in downtown Denver, Colorado. The conference was well organized by the AASV staff and included nearly 1,000 attendees... (Continue reading)
By Jim Long, President and CEO Genesus Genetics A week ago, summer lean hog futures went over $1.00 per pound; last week was a different story with June closing at 95.325. A surging U.S. dollar and concerns that China might... (Continue reading)
By Jim Long, President and CEO Genesus Genetics Cash Lean Hog Market Continues to Go Sideways The cash lean hog market continues to go sideways with the U.S. National lean hog price hovering around 85 cents. We’ve got about... (Continue reading)
By Jim Long, President and CEO Genesus Genetics The U.S.D.A. last week released a 2012/2013 crop year projection for a record 14.27 billion bushels of corn. The U.S.D.A. is predicting farmers will receive $5.00 per bushel in the 2012/2013 crop... (Continue reading)
By Jim Long, President and CEO Genesus Genetics McDonald’s joins Gestation Parade Last week the world’s largest fast food chain McDonald’s, announced that they wish not to purchase pork from sows raised in gestation stalls at some time in the... (Continue reading)
By Jim Long, President and CEO Genesus Genetics This past week we attended the Ohio Pork Congress held at the Crowne Plaza Hotel in Columbus. Our observations: *Ohio has 170,000 sows according to the last U.S.D.A. Hog and Pigs Report... (Continue reading)