Jim Long, President and CEO Genesus Genetics
Last Friday China and the United States agreed to a phase 1 trade deal with lots of details. The main point for ag is the China commitment to purchase $50 billion in agriculture...
Jim Long, President and CEO Genesus Genetics
Who would have thought on a week in November U.S. pork cut-outs would hit 90.12₵ lb. in the midst of record slaughter (last week 2,749,000).
Pork isn’t 90₵ because buyers want to pay more....
Jim Long, President and CEO Genesus Genetics
Last June China stopped purchasing Canadian Pork. Up to that time in 2019 China’s pork imports from Canada were 15% of total imports, Just below Spain and Germany at about 18-20% each.
The closure...
Jim Long, President and CEO Genesus Genetics
Sometimes it pays to look at where we are compared to a year ago.
National Daily Base Lean Hog Price -53-54%
October 24, 2019_64.50 ¢ per lb.
Oct 26, 2018_63.72 ¢ per lb.
This past...
Jim Long, President and CEO Genesus Genetics
September 1st U.S.D.A Hogs and Pigs Report
More Pigs Than Ever
September 1st (x 1,000 head)
The U.S.D.A. inventory of market hogs on September 1st has set a new record for market hogs in U.S. inventory. The...
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
As we wrote last week Farrow to Finish Pig Producers are not having much joy!
Average losses are in $15-$20 per head range. The reality of the more hogs you have the more you...
Good day! I am Wanda Patsche, blogger for Minnesota Farm Living. You will find posts about farm life, my passions and pertinent agricultural issues. Consider this an extended hand to help you understand where your food comes from. So...