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...
Jim Long, President and CEO Genesus Genetics
U.S. Pork Cut-outs Continue to Strengthen
This past week we saw some improvement once again in pork cut-outs. A week ago, last Friday they were $68.95 while on Friday the pork cut-outs closed $71.19....
Jim Long, President and CEO Genesus Genetics
About a month ago President Trump and Ag Secretary Perdue announced the Coronavirus Food Assistant Program (CFAP). At the end of last week some more details were announced re hogs.
Hogs Eligible
Unit of Measure
ACT...
Jim Long, President and CEO Genesus Genetics
Last week U.S. Pork Packers started to recover some production capacity lost to Coronavirus plant issues.
U.S. 2-day Harvest - Friday (May 8th) and Saturday (May 9th):
Last week - 554,000;
Prior week - 403,000;
...
Jim Long, President and CEO Genesus Genetics
If Misery loves company, we have a real hootenanny* going.
(*Scottish word, meaning party)
The Utter Collapse of the U.S. and some other countries' pork markets is unprecedented. Coronavirus and what it has done to...
Jim Long, President and CEO Genesus Genetics
Lean Hog futures continued to be the pox on our house, creating fear and financial calamity in the swine sector. April lean Hogs were 66.42 on March 24, on Friday April 3, they...
Jim Long, President and CEO Genesus Genetics
U.S. Sow Herd Liquidation
The U.S. Sow herd certainly showed significant liquidation in the March 1st Hogs and Pigs Report.
On December 1st, 2019 the U.S.D.A. indicated the U.S. breeding herd was 6.471 million; 3 months...
Jim Long, President and CEO Genesus Genetics
“Anyone can raise hogs. But it takes a near Genius to make money doing it.”
“Anyone can raise hogs. But it takes a near Genius to make money doing it.” - The quote attributed to...
Jim Long, President and CEO Genesus Genetics
Every January the Iowa Pork Congress is held in Des Moines Iowa. It is the premier winter trade show in the United States and gets visitors from all across the country
The Iowa Pork...
Jim Long, President and CEO Genesus Genetics
Last week was Trade Deal week in the U.S.: with both USMEF* and China Phase 1 signed.
*USMEF is the new revised NAFTA between U.S., Mexico, and Canada.
For U.S. - Canada pork producers it...