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Excellent article by Bradley Eckberg, MetaFarms on NHF last week about the continuing climb of Sow Mortality.
Our Observations
MetaFarms is a production data base with information on 300 farms, 800,000 sows. Average farm size 2,666 sows.
This year to...
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This past week the U.S. hog market saw much of the same. Lots of hogs, prices below breakeven. Equity loss per week of the North American swine industry in the neighborhood of $100 million in our estimation. A war...
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Below is a graph from FAO – Pig 333 that clearly shows the global increase in meat production over the last twenty years.
2021 is up 53% from 2020 or 124 million tonnes. No doubt the world seems far from...
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The Thanksgiving holiday is over and its indeed a special holiday that leads to reflection on what we should be thankful for. Faith – Family – a society that has relative prosperity and hope. Most of us if not...
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Unfortunately, the hog market continues to run below cost of production. If breakeven is about 92¢ lb. carcass and the U.S. average slaughter hog is bringing 76¢ lb. the spread of 16¢ lb. is creating an average loss of...
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Last week the USDA released their current estimate of this year’s corn crop, 15.234 billion bushels eclipsing the prior record in 2016 of 15.148 billion bushels. On Friday the U.S. average cash corn price was $4.39 bushel. $4.39 is...
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In the first 7 months of 2023 European Pork Production is down 8% compared to a year ago. This is a direct consequence of the major liquidation that happened in Europe when they suffered from large financial losses leading...
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We had some positivity last week in the hog market with lean hog futures coming up from contract lows by around $4.00. Of course, December going from 66 to 70 just means you lose less money. Less dismal.
Other Observations
Certainly,...
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We are known to be positive. Indeed, none of us can help but whom we are. We believe most if not all pig producers are positive people. You need to be. If you did a list all the reasons...
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After many months of losses, the U.S. hog industry has the dilemma of several months more of losses if lean hog futures are any indication. Lean hog futures last Friday ranged from 69.53 to 81.28 from now till May....