Jim Long, President and CEO Genesus Genetics
The China Agriculture Industry and particularly the Swine Industry have been greatly affected by African Swine Fever (ASF) and now the implications of Coronavirus which has restricted people and transport movement. To say...
Jim Long, President and CEO Genesus Genetics
A month ago, the U.S. hog price had crawled up from the low 40’s to reach 57¢ lean a lb. If we had written we expected 53-54% lean hogs to be 76.52¢ lb....
Jim Long, President and CEO Genesus Genetics
As of August 15, 2021, USDA website shows payments of CFAP 1 Total Disbursed.
Cattle
$4.37 billion
Milk
$1.79 billion
Corn
$1.78 billion
Hogs
$ 624 million
Cattle, Milk, Corn, have all been paid the USDA promised CFAP 1 top-up. The hog...
Last week we attended the National Swine Congress of Mexico held at Barceló Maya Riviera a grand resort located south of Cancún in the Riviera Maya.
This coming week we will be at the British Pig and Poultry Fair in...
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For two weeks in a row U.S. hog slaughter has been below a year ago (-1%). Our expectation has been sow reduction began in earnest last May. If correct the results of liquidation should begin to show up about...
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Last week was the annual Iowa Pork Congress held in Des Moines. The largest of the state shows befitting the state with the most pigs in the U.S.
Our Observations
It appeared to us there were as many exhibitors...
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Two weeks ago, we had a week of hot weather. The result Iowa – S. Minnesota weights went from 278.3 lb. average to 274.3 lbs. a decline of 4 lbs. average in one week. We suspect this is one...
Jim Long, President and CEO Genesus Genetics
The USDA released its June 1 Hogs and Pigs Report last week. Our observations:
June 1
(1,000 head)
2020
2021
2022
Kept for Breeding
6,236
6,220
6,168
Market
71,038
66,933
66,356
Pigs per Litter Dec.-May
11.00
10.95
10.97
Sows Farrowing Actual Dec-May
6,329
5,964
5,904
June-November
6,425
6,098
6,025
Pretty simple to see. Less sows, less market hogs, no...
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In the first quarter this year (Jan-Mar) European pig production declined significantly. Europe has had about double U.S. production for many years. Europe is the United States Number 1 competitor for global pork exports.
Europe had declined 1 million sows...
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The Thanksgiving holiday is over and its indeed a special holiday that leads to reflection on what we should be thankful for. Faith – Family – a society that has relative prosperity and hope. Most of us if not...