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
Last week U.S. 53-54% lean hogs increased from 58.47 to 61.78 - $6.00 plus a head.
Last week USDA pork cut-outs went from 69₵ to 80₵ - $22.00 plus a head
Latest...
Jim Long, President and CEO Genesus Genetics
We have to scour for anything to write up about other than the Coronavirus. Not much we know, unlike TV news anchors who have become virus experts in the last few days. So...
Jim Long, President and CEO Genesus Genetics
Spain last week reached a record high in hog prices at 1.54 euro a kilogram liveweight (79₵ U.S. lb. liveweight). Its ability to push exports to China is really paying off.
Spain’s pork...
Jim Long, President and CEO Genesus Genetics
We all can remember that the Swine Flu outbreak had nothing to do with Swine, but it certainly hurt pork demand. We have lived through Swine Flu, SARS, MERS, Y2K (all computers were...
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
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
The Wild Gyrations in the lean hog futures are best illustrated by the following:
June Lean Hog Futures
January 23 88.175
January 31 75.625
February 7 81.555
The insane drop in a week of over $25 per head...
Jim Long, President and CEO Genesus Genetics
To say last week was bad seems like an understatement. When you get to the spot to rationalising “It’s not that bad, I am not living in Syria”.
It appears for some reason lean...
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...