Jim Long, President and CEO Genesus Genetics
A year ago 53-54% U.S. market hogs were 44.60₵ lb. this year last week 69.62₵ lb. This year market hogs are bringing $50 more per head.
Last week U.S. cash feeder pigs averaged $37.02....
Jim Long, President and CEO Genesus Genetics
“I am an Optimist. It does not seem too much use being anything else.”
-Winston Churchill
The way things are going for us US-Canada Pork producers it is time to look for optimistic quotes. The...
Jim Long, President and CEO Genesus Genetics
Last week China’s Ministry of Agriculture announced that July’s pig inventory had shrunk 32.2% and sow inventory had decreased 31.9% from July a year ago. China had its first official break of African...
Jim Long, President and CEO Genesus Genetics
Last week was another topsy turvy week for the Swine Industry. Our observations.
Lean hogs average
Last Thursday 53-54% U.S. lean hogs averaged 82.84¢ lb. The week of July 20th they were 71¢ lb. a...
Jim Long, President and CEO Genesus Genetics
The U.S. hog market continued a roller coaster year with a dramatic decline in lean hog futures last week. It’s been a chaotic year with dramatic ups and downs. It’s stressful. It’s baffling...
Jim Long, President and CEO Genesus Genetics
U.S. Hog Price Makes Strong Move
Last week the average 53-54% lean market hog in USA went from 71.79 to 77.96¢ lb. A 6¢ lb. increase or $12.00 per head. Certainly, going in the...
Jim Long, President and CEO Genesus Genetics
There was some life in the U.S. hog market last week with October Lean Hog Futures gaining $5.71. Pork carcass cut-outs closed Friday at $78.53, higher than its been for a while. Last...
Jim Long, President and CEO Genesus Genetics
This past week we participated in the National Pork Industry Conference (NPIC) held in Wisconsin Dells, Wisconsin. Our observations:
There were we understand about 950 registered. The group was a good cross section...