Jim Long, President-CEO, Genesus inc.
info@genesus.com
The latest Iowa - Southern Minnesota weights are reflecting quite a current hog inventory. In the first part of May, the weights were averaging 289 lbs. Last year same time they averaged 284 lbs. In...
Jim Long, President-CEO, Genesus inc.
info@genesus.com
U.S. lean hog prices continue very strong with the National lean hog prices averaging $124.43 lb. last Friday.
U.S. pork carcass cut-outs also are strong last Friday at $1.25 lb.
As usual, the cuts with...
Jim Long, President and CEO Genesus Genetics
Last week the U.S. National Carcass price averaged $122 lb. U.S. Pork Cut-outs closed Friday at $127.34 lb. reflecting good demand relative to supply. Other observations:
U.S. hog slaughter last week was 2,291,000,...
Jim Long, President and CEO Genesus Genetics
U.S. National Price - $1.18 lb. carcass.
China 22.73 RMB/kg = $1.52 U.S. liveweight a lb. x 280 lb. pig = $425. Current China isowean $98.
Spain – highest price in their...
Jim Long, President and CEO Genesus Genetics
Last week we attended the National Pork Industry Conference (NPIC) in Wisconsin Dells, Wisconsin at the Kalahari Resort. Our Report:
Attendance was around 900 with a cross-section of industry and producers.
Genesus was...
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...
Jim Long, President and CEO Genesus Genetics
Last week the U.S. Federal government filed a brief to the U.S. Supreme Court against California’s Proposition 12 a law to ban Pork from pigs that don’t meet California’s production standards. This is...
Jim Long, President and CEO Genesus Genetics
We have to admit we are confused by the hog market. Cash hogs Iowa-Minnesota last Friday averaged $121.17 per lb. A reflection of what packers will pay for hogs not on contract. For...
Jim Long, President and CEO Genesus Genetics
Last week we attended the World Pork Expo held at the Iowa State Fairgrounds in Des Moines, Iowa. Our observations:
The World Pork Expo this year appeared to us to have more visitors than...