Jim Long, President and CEO Genesus Genetics
Holidays are over, packers got working to get hogs killed. Last week, 2,849,000. We aren’t sure but we believe the largest weekly kill in a long time. Despite this big slaughter week U.S....
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
USDA December 1 Hogs and Pigs Report
(1,000 head)
December 1
2019
2020
2020 as percent
of 2019
Kept for Breeding
6,471
6,276
97
Market
71,757
71,226
99
Market Hogs and Pigs by weight groups
Under 50 pounds
22,048
21,739
99
50-119 pounds
20,648
20,260
98
120-179 pounds
15,256
15,246
100
180 pounds and over
13,816
13,980
101
Fig Crop
71,829
71,030
99
Dec 2019-Nov2020 (12-Months)
(1,000 head)
Sows...
Jim Long, President and CEO Genesus Genetics
Coming up to the holidays is usually never a good time for hog producers. Shortened work weeks at slaughter plants always give more leverage to packers. The best part of holidays for swine...
Jim Long, President and CEO Genesus Genetics
The U.S. market continues to maintain weekly hog marketings similar to a year ago with last week at 2,776,000, a year ago 2,772,000.
These current slaughter numbers appear to be at capacity with the...
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
Last week the USDA released the inventory of Pork in Cold Storage at the end of October. A year ago 611 million pounds in cold storage, this year, 448 million pounds. A drop...
Jim Long, President and CEO Genesus Genetics
In last week’s commentary we wrote:
“We will send out a challenge. If you know of a new sow unit in USA stocked this summer or under construction now, let us know. Send where...
Jim Long, President and CEO Genesus Genetics
With the decrease in U.S. lean hog futures this past week and increased feed costs projected profits using lean hog futures and grain costs show near a breakeven farrow to finish for the...
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...