Illinois Swine Commentaries

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Dennis Smith from Archer Financial Services, November 28th 2017

Japan Increases Tariff on U.S. Beef Imports   Follow me on Twitter @denniscattle   Tuesday November 28, 2017   LEAN HOGS What we know for sure is that yesterday’s surge higher in lean hog futures was a light volume rally posted at just 27,335 with open interest slightly lower. We also know from the COT

Weekly Livestock Market Update with Scott Brown, November 26th 2017

Some highlights from this week’s Weekly Livestock Market Update: • This week in markets – Trade volume has been low due to the shortened week. Feeder cattle were generally $2.00 to $7.00 with the exception of some price strength for lightweight calves. Current month feeder cattle futures up $2.00 for the week and live cattle

Chip Whalen, CIH Hog Market Watch, November 20th 2017

Margins dropped sharply over the first half of November due to a selloff in hog futures as feed costs actually dropped over the past few weeks. Spot Q4 margins are now negative again, with below breakeven margins also projected through Q1 of 2018. Deferred margins in Q2 and Q3 also lost ground, though not as

Weekly Livestock Market Update with Scott Brown, November 13th 2017

Some highlights from this week’s Weekly Livestock Market Update: •Market Recap – This week in markets – cash hog prices are down $1.10 for the week. Lean hog futures will finish the week $3.00 lower. The pork cutout value finished the week $1.90 higher – thanks in large part to a continued rebound in pork

Jim Long Pork Commentary, U.S. Hog Market Continues Strong, November 6th 2017

Jim Long, President and CEO Genesus Genetics Another week of strong seasonal prices in the United States. 53-54% lean hogs 68¢ lb; a year ago, they were 50¢ lb. That’s almost $40 dollars per head higher! Who would have thought. A few weeks ago, when we wrote that lean hogs would stay above 55¢ lb

Weekly Livestock Market Update with Scott Brown, November 6th 2017

Some highlights from this week’s Weekly Livestock Market Update: •It’s been a strong week for cattle markets. Cash fed cattle up $8.00 to $10.00 for the week. Feeder cattle are steady to $8.00 higher with continued strong demand. Choice beef cutout value is up $5.30 for the week – this was the highest since July

Dennis Smith from Archer Financial Services, October 26th 2017

Most Hog Contracts at Contract Highs: Will They Hold?   Follow me on Twitter @denniscattle   Thursday October 26, 2017   LEAN HOGS Honestly, we’re just not hearing much in the hog market. Slaughter this week should be record large and weekly kills out front could approach 2.6 million pigs. Pork demand is good but

Jim Long Pork Commentary, Hog Market shows Strength, October 16th 2017

Jim Long, President and CEO Genesus Genetics This past week the US hog price moved up, each and every day, going from 54c to 58c lean for 53-54% hogs. The real strength shows when compared to last year. Last year the US marketed 2,305,000 hogs in this weekly time frame, and hogs 53-54% lean were

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

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