Jim Long, President and CEO Genesus Genetics
At the end of December the USDA estimates U.S. Pork in cold storage was 408,361 (1,000 pounds) a year. A year ago it was 580,464. Down 30% and a ten year low.
In our...
Jim Long, President and CEO Genesus Genetics
Summer month lean hog futures hit new contract highs last Friday at 87.20₵/lb. Significantly up from last June at 71₵ or mid-August at 74.50₵.
We remember mid-August as that was when a certain Ag-economist...
Jim Long, President and CEO Genesus Genetics
Last week there was chatter about pork demand. The bears attacked the market. When the dust settled Friday, U.S. pork cut-outs were still over 80₵. The market held - a positive sign.
We expect...
Jim Long, President and CEO Genesus Genetics
Holidays are over, packers got working to get hogs killed. Last week, 2,849,000. We aren’t sure but we believe the largest weekly kill in a long time. Despite this big slaughter week U.S....
Jim Long, President and CEO Genesus Genetics
2020 was one of the most challenging if not the most challenging ever in the U.S. hog industry. The slowdown and closing of slaughter plants in the early parts of the pandemic collapsed...
Porcine reproductive and respiratory syndrome virus (PRRSV) is generally accepted to be our number 1 problem in swine health in Ontario. Susutained control of the virus has been elusive in large part due to the continuing genetic evolution of...
Jim Long, President and CEO Genesus Genetics
USDA December 1 Hogs and Pigs Report
(1,000 head)
December 1
2019
2020
2020 as percent
of 2019
Kept for Breeding
6,471
6,276
97
Market
71,757
71,226
99
Market Hogs and Pigs by weight groups
Under 50 pounds
22,048
21,739
99
50-119 pounds
20,648
20,260
98
120-179 pounds
15,256
15,246
100
180 pounds and over
13,816
13,980
101
Fig Crop
71,829
71,030
99
Dec 2019-Nov2020 (12-Months)
(1,000 head)
Sows...
Jim Long, President and CEO Genesus Genetics
Coming up to the holidays is usually never a good time for hog producers. Shortened work weeks at slaughter plants always give more leverage to packers. The best part of holidays for swine...
Jim Long, President and CEO Genesus Genetics
One thing there seems to be an agreement on with people we talk to is the number of empty finishers in the U.S. Of course, there are no real statistics on this but...
Jim Long, President and CEO Genesus Genetics
Last week the USDA released the inventory of Pork in Cold Storage at the end of October. A year ago 611 million pounds in cold storage, this year, 448 million pounds. A drop...