Jim Long, President and CEO Genesus Genetics
Last week we attended the Mid-West Swine Conference that was held in Danville Indiana, just west of Indianapolis.
Our Report:
Producers in General are less than enthusiastic. Losing money as most producers are is...
Jim Long, President and CEO Genesus Genetics
The last great debacle the North American Industry had was in late 2008. Market Hogs got to 8₵ lb., too many Hogs for Packer Capacity, the price collapsed.
When the dust settled many of...
Market Commentary: Friday, February 9/18
Recording
Click this link to download/play recording in MP3 format.
Transcript
Hog futures are trading lower in all months. Moderate selling activity has developed at midday, breaking away from the mixed trade seen over the last two days. Prices...
Recording
Click this link to download/play recording in MP3 format.
Transcript
Hog futures are lower in all months but February, pressured by a light round of non-commercial selling. Commercial interests as a whole have moved to the sidelines, indicated by mixed futures spreads....
Jim Long, President and CEO Genesus Genetics
Last week we attended and exhibited at the VIV-China.
Take home message- If you have pigs in China, Prices are very Good!
13 lb. isowean: 1100 rmb or $150 U.S.
36 lb. feeder pig:...
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
On Thursday just after the USDA September 1st Hogs and Pigs Report was released, I was talking on the phone discussing the report. After the call, my son Spencer who was near and...
Jim Long, President and CEO Genesus Genetics
The China Agriculture Industry and particularly the Swine Industry have been greatly affected by African Swine Fever (ASF) and now the implications of Coronavirus which has restricted people and transport movement. To say...
Jim Long, President and CEO Genesus Genetics
This past week we participated in the National Pork Industry Conference (NPIC) held in Wisconsin Dells, Wisconsin. Our observations:
There were we understand about 950 registered. The group was a good cross section...
Jim Long, President and CEO Genesus Genetics
Last week we observed that U.S. harvest weights were decreasing. This totally baffles us. There is no doubt the official USDA slaughter numbers have been significantly lower for the last six weeks compared...
