The total number of pigs in the United States, recorded on 1 September, was 75.4 million head, according to the USDA. This is a reduction of 4% compared to the same date a year ago, but 1% more than...
A gap is a hole in prices which occurs when the current day’s high is below the previous day’s low or when the current days low is above the previous day’s high. Gaps indicate a sudden change of direction...
The USDA's Quarterly Hogs and Pigs report shows signs of further contraction as producers seek to boost profitability, even as the industry tries to meet strong demand expectations.
On September 1st, the total U.S. inventory was 75.352 million head, down...
Genesus Global Market Report
France, September 2021
By Philippe Mallétroit – Director for France, Genesus Inc.
Unlike other European countries, where prices have fallen continuously this summer, hog market price in France remained at 1.345 € per kg carcass since July, 19.
The...
In its monthly Livestock, Dairy, and Poultry Outlook report last week, USDA’s Economic Research Service (ERS) stated that, “Pork exports in July were 508 million pounds, 8.5 percent lower than those of a year ago.
Higher exports to most major...
Bull markets, bear markets, strong demand, and supply chain disruptions – the last 14 months have been a market roller coaster.
As a producer, how can you manage the risk of volatile markets? Experts from Partners for Production Agriculture (PFPAg), a...
To “Read” Walt’s charts, keep the following in mind:
Support – this term refers to a trend line or price area under the market which is expected to hold the market from potential decline.
Resistance- a price area or trend line...
Genesus Global Market Report
Mexico, September 2021
By Fernando Ortiz, Ibero-America Business Development Manager
fortiz@genesus.com
Pork prices in Mexico soared at record highs during the first half of the year (62% higher year over year) helping producers offset high input costs. Hog prices...
Robert Fraser, Sales and Service, Genesus Inc.
bfraser@genesus.com
Ever since Quality Meat Packers (second-largest pork packer in Ontario at the time) went down in 2014 sideswiping producers for a week’s worth of pigs on the way out, the Ontario pork industry...
U.S. beef exports set another new value record in July, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). July export value climbed 45% from a year ago to $939.1 million, while volume...