Jim Long, President and CEO Genesus Genetics
Hog Markets Go Sideway
This past week we saw continued lackluster movement in Cash Hogs and Pork Cut-Outs.
Observations
Packers buying hogs are losing money. This is tempering their desire to be further aggressors...
Jim Long, President and CEO Genesus Genetics
We have been commenting for several months about European record low sow cull prices, low feeder pig prices, and low slaughter hog prices. All leading to massive losses throughout when coupled with high...
Michael Schwirtz, Andrew E. Kramer and Michael Levenson reported on the front page of Sunday’s New York Times that, “President Vladimir V. Putin warned on Saturday that crippling economic sanctions imposed by the West were ‘akin to a declaration...
Jim Long, President and CEO Genesus Genetics
This past week, U.S. lean summer futures exceeded $1.00 a lb. They then fell Friday supposedly because of a “scare” that hogs won’t get slaughtered due to lack of labor.
Latest weekly Iowa/S Minnesota...
A couple of puzzling cases of diarrhea in baby pigs that didn’t test positive for the usual culprits were recently identified through genome sequencing as a porcine sapovirus, reported Daniel Hendrickson, DVM, Four Star Veterinary Service in Farmland, Indiana.
The...
Corn prices and soybean prices were very volatile in 2021. The average corn price in Indiana was $4.32 per bushel in January, increased to $6.32 in June, and will likely be around $5.50 at the end of the year. ...
Last Week’s Cattle Kill Was Larger Than Expected; Bullish!
By Dennis Smith
312-242-7905
Monday, November 29, 2021
GRAINS:
Corn open interest was down nearly 70k from Friday’s trade. Shorts wanted out and got out. The fundamentals are not bullish. Prices are slightly lower early today. Stick with the risk on bearish positions that...
The Issue:
With the onset of the pandemic in March 2020, many consumers experienced, for the first time in their lifetimes, empty grocery store shelves. More than a year into the pandemic, they are facing another unfamiliar trend when it...
Most, if not all, pigs harbor some strains of Streptococcus suis (Strep suis). Lately, challenges by the bacteria appear to be on the rise, but that could be interpreted as a positive.
“It’s up for debate whether Strep suis is...
Jim Long, President and CEO Genesus Genetics
Our first week, as we reported last week, was at Figan the major livestock exhibition in Spain. The second week we spent traveling to customers and prospects throughout Spain. Our observations:
Many if not...