Illinois Swine Commentaries

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Weekly Livestock Market Update with Scott Brown, October 16th 2017

Some highlights from this week’s Weekly Livestock Market Update: •This week’s market recap: Cash hogs are up $1.60 for the week. December lean hogs ended the week up $1.50 with weakness on Friday. The hog market saw strength this week despite another large slaughter run this week. Pork cutout ended the week unchanged and near

Chris Hurt from the University of Purdue, Pork Industry’s Sustainable Expansion, October 10th 2017

The pork industry has been in expansion now for three years dating back to 2014 when the PED virus reduced pork supplies and sent hog prices to record highs. After an initial surge of breeding herd expansion of two to three percent three years ago, that expansion has been steady at between 1.2 and 1.5

Chip Whalen, CIH Hog Market Watch, September 2017, October 5th 2017

September Margins were steady to slightly weaker over the last half of September, as both hog prices and feed costs have moved sideways since the middle of the month. Margins remain depressed from a historical perspective, no better than average in deferred Q2, while well below average in spot Q4. USDA released their much-anticipated Quarterly

Scott Brown of the University of Missouri, Weekly Livestock Market Update, October 4th 2017

Some highlights from this week’s Weekly Livestock Market Update: •Market recap: Through Thursday evening – Cash hogs are down $3.00 for the week. Lean hog futures are down $.75 for the week. However, at the time of taping the market hadn’t digested the Hogs and Pigs report. Pork cutout value is down $2.52 for the

Dennis Smith from Archer Financial Services, New Record Slaughter Number, September 26 2017

LEAN HOGS Lean hogs staged outside day higher settlements yesterday in the first three contracts. Such a chart pattern may not want to be ignored. Certainly the supply side fundamentals remain/appear as bearish as ever. Yesterday’s kill was a new record at 460,000. Wow that’s scary but its confirmation of expanded capacity. There won’t be

Scott Brown from the University of Missouri, Livestock Market Update, September 25 2017

Some highlights from this week’s Weekly Livestock Market Update: •This week’s Market Recap: Live cattle closed up $2.25 for the week. Feeder cattle were steady to $4.00 higher, there was a good demand for feeder cattle this week. Live cattle futures up $4.00 week – a strong week for nearby futures markets. Feeder cattle futures

Dennis Smith from Archer Financial Services, Bellies Are Being Placed into the Freezer at Breakneck Pace, September 19 2017

    LEAN HOGS Monthly cold storage comes out Friday afternoon at 2:00. It likely will show a very small belly frozen stock figure. Since Sep 1st, however, we believe bellies have been placed into the freezer at breakneck speed. Eventually, despite record large production, this activity will force a bottom in the fresh belly

Scott Brown of the University of Missouri, Weekly Livestock Market Report, September 18 2017

  •Market recap for the week ending September 15, 2017: Cash hogs were down $3.80 for the week. The pork cutout was $2.82 for the week, led by bellies that declined $11.77 for the week. Ribs were down $8.84 this week. Pork bellies have lost 47% of their value in the last month. On the

Dennis Smith from Archer Financial Services, Pork Commentary, September 14 2017

Follow me on Twitter @denniscattle LEAN HOGS Today is the last day of the Goldman Roll. Yesterday the Oct/Dec hog spread appeared to bottom. This occurred despite the fact that cash hog prices continue to decline with additional pressure expected again today. Lean hog futures are sharply discount. In the face of huge, in fact

Scott Brown of the University of Missouri, Weekly Livestock Market Update, September 13 2017

  Some highlights from this week’s Weekly Livestock Market Update: •Live cattle were down $1.50 on the week on minimal trade. Feeder cattle $1 to $5 higher on light trade this due to many sale barns closed because of the Labor Day Holiday. Demand seemed strong as many look to graze on early wheat pasture

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