Jim Long, President and CEO Genesus Genetics
Last Friday U.S. Pork Cut-out value closed at $1.2086 /lb. First time we have gone over $1.20 in several years, a real reflection of strong domestic and export demand for Pork. Also last...
We have been following reports about novel Porcine Circovirus 3 (PCV3) for some time and the jury is still out on its importance to the industry. This virus is genetically distinct from but is related to PCV2. PCV3 has...
Jim Long, President and CEO Genesus Genetics
U.S. slaughter weights continue to decrease. A week ago Iowa/South Minnesota live weight market hogs were 283.9 lbs., down 2.5 lbs. from two weeks before. A year ago, during pandemic, backed up hogs...
African swine fever (ASF) is highly contagious and virulent disease with very high mortality in both domestic pigs and wild boar. Normally having a fast onset of disease with high mortality in infected animals is not a great recipe...
Jim Long, President and CEO Genesus Genetics
March U.S. Pork Exports were record large at 294,724 metric tonnes (mt), up 1% from last year and set a new value record at $794.9 million (up 4%). A true reflection of the...
Jim Long, President and CEO Genesus Genetics
Harsh reality or the inconvenient truth is a factor in many of our lives. In the swine industry we have the stories of productivity. Seems no one has less than 25 pigs per...
Jim Long, President and CEO Genesus Genetics
Last week Lean Hogs increased from $103.0₵ / lb. to $106.5₵ / lb. There appears to be a relentless ongoing price increase driven by tight supplies and good demand.
Our Observations
Weekly slaughter last week...
In July 2019, a PRRSV-negative boar station in Demark was infected with a PRRSV recombinant that involved two PRRSV vaccine strains. At the time of infection, the boar stud PRRS monitoring involved performing PRRS antibody testing every 2 weeks....
Jim Long, President and CEO Genesus Genetics
Lean Hog Futures Tumble!
This past week we saw a major adjustment down on the Lean Hog Futures Market. Summer futures declined about $7.00. A drop of about $14.00 per head.
Our Observations
Cash lean...
Jim Long, President and CEO Genesus Genetics
Last year at this time we were at the start of the Covid crisis in our industry. A year ago Lean Hogs were 39₵ lb. Last week they were $1.01 lb. on a...