Shenzhen Kingsino Technology Company Limited (002548.SZ) reported first quarter earnings on Wednesday. While revenue jumped 104% year-over-year, its net profit dropped 72% unexpectedly, due to huge loss incurred in Hog Futures trading.
Kingsino closed at RMB6.08 on Friday, down 4.1%....
he tech service team works to challenge current production protocols, evaluate new ideas and technology, and provide real data to make decisions. Utilizing actual sow farms, we can conduct large scale field research trials in actual production conditions. This...
Jim Long, President and CEO Genesus Genetics
The March 1st U.S. Hogs and Pigs Report indicates fewer Breeding Pigs and Market Hogs.
Our observations:
Breeding Herd
Date
Year
1,000s head
Dec 1st
2019
6471
Dec 1st
2020
6276
March 1st
2021
6215
The U.S. breeding stock peaked at 6,471,000 on the Dec 1, 2019 inventory....
Innovation in nutrition comes in many forms at PIPESTONE. From new technology, to better feed management, to improving the feed quality across our 40+ feed mills that feed sows managed by Pipestone Management, we are continually investigating ways to...
Jim Long, President and CEO Genesus Genetics
IowaSouthern Minnesota Lean Hog Price closed last Friday at 79.81₵ lb. It has risen from 63.97₵ lb. average in December. Last February IowaSouthern Minnesota averaged 58.33₵ lb. The last time IowaSouthern Minnesota was...
Jim Long, President and CEO Genesus Genetics
2020 was one of the most challenging if not the most challenging ever in the U.S. hog industry. The slowdown and closing of slaughter plants in the early parts of the pandemic collapsed...
Jim Long, President and CEO Genesus Genetics
One thing there seems to be an agreement on with people we talk to is the number of empty finishers in the U.S. Of course, there are no real statistics on this but...
Jim Long, President and CEO Genesus Genetics
The U.S. hog slaughter last week was over 2.7 million head, about the same as a year ago. Despite this big number U.S. pork cut-outs stayed in the mid 80’s (84.06¢ Friday). We...
Jim Long, President and CEO Genesus Genetics
Successful Farming yearly does a list of the Top 40 swine producers in the U.S. It’s a regional survey compared to the Global Mega Producer list that Genesus sponsors which covers the world.
What...
Jim Long, President and CEO Genesus Genetics
Last week one wild boar was found in Germany with African Swine Fever. This one dead pig has now resulted in China, South Korea and Japan banning pork shipments from Germany. This in...