Jim Long, President and CEO Genesus Genetics
African Swine Fever in Germany
African Swine Fever continues to be found in Germany. Over 100 cases now. The loss of Asian markets and Covid plant closures are backing up hogs but the hog...
Jim Long, President and CEO Genesus Genetics
At the end of September, Pork in U.S. Cold Storage was down 22% from a year ago, 466,674 vs. 598,750 (1,000 pounds). This is quite positive for markets going forward. Less Pork in...
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 the U.S. sold 60,200 metric tonnes of pork. The highest amount this year and the highest since early 2019. We expect the closing of German exports to Asia due to ASF...
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
On Thursday just after the USDA September 1st Hogs and Pigs Report was released, I was talking on the phone discussing the report. After the call, my son Spencer who was near and...
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
For weeks we have strongly questioned the reported “3 million hogs backed up” opinion of Ag. Economists and futures traders. We just could not comprehend 3 million as a reality. We observed the...
Jim Long, President and CEO Genesus Genetics
The National Pork Industry Conference (NPIC) was held last week as a virtual event. Not an ideal way to do conferences as the huge benefit of personal interaction is missed. Fortunately, the NPIC...
Jim Long, President and CEO Genesus Genetics
When you are an optimist you look for the positive. Last week, Thursday to Thursday U.S. National Base 53-54% lean hogs went up from 48.79 to 53.27. Still a miserable price but going...