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
U.S. Pork Export Sales soared last week with 351,000 metric tons purchased. Of that number 152,600 tonnes were by China combined with the week before’s 142,200.
China purchased 294,800 metric tonnes the last two...
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...