Iowa Swine Commentaries

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Jim Long Pork Commentary, Hog Market Shows Profits for Next Twelve Months, December 12th 2017

Jim Long, President and CEO Genesus Genetics Using current projected feed cost and current lean hog futures it appears the average profit potential for next twelve months should average about $20 US per head for farrow to finish operations. That’s a very positive number, considering the industry noise, that expansion is happening.   A real

Chris Hurt from Purdue University, Hog Price Prospects Strengthen, December 5th 2017

Source: by Chris Hurt Department of Agricultural Economics Purdue University Hog prices this fall have been stronger than anticipated. In early October, USDA analysts estimated that fourth quarter live prices would average $38 to $40 per hundredweight. Now it looks like the actual price will be $46 to $47. It is always enjoyable to exceed

Millennials in agriculture – Part 1, George Silva from Michigan State University

Millennials are expected to make farming more efficient and profitable by relying more on technology, innovation and entrepreneurship. Millennials represent a cohort of youth born between 1980 and mid-2000. Currently, there are 80 million of them in the U.S. They will make up 75 percent of the workforce in 2025. Growing up with social media,

Jim Long Pork Commentary, Proposed New U.S Grade System, November 27th 2017

Jim Long, President and CEO Genesus Genetics he USDA has proposed a new pork grade system, where new categorises are proposed: Prime, Chioce and Select. An article on the Food Marketing Institute (FMI) Website by Rick Stein, Vice President of Fresh Foods FMI captures the essence of retailer’s desire to see a new grade system that

Jim Long Pork Commentary, November – Producers never do well, November 20th 2017

Jim Long, President and CEO Genesus Genetics This time of year, is never a good time for producers. Year after year this is the time of maximum seasonal hog numbers. This always results in lower hog prices. It is also usually the time packers, historically have the highest gross margins.   This year cash hog

See the Benefits of Cross-protection Against Swine Influenza By Micah L. Jansen, DVM, Pork Technical Services, Zoetis

By Micah L. Jansen, DVM, Pork Technical Services, Zoetis   Can you see swine influenza in your operation right away? Often, we can’t answer this question just by looking because clinical signs aren’t always visible, even when disease is present.1   It is easy to see how quickly this hidden challenge can get out of

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

Jim Long Pork Commentary, US Cash Hog Prices Continue price surge, October 23rd 2017

Jim Long, President and CEO Genesus Genetics The October price miracle continues with cash hogs 53-54% lean jumping to 64.41c; up about $ 22 a head in the last two weeks. That $22 per head, has cut producers losses by that amount. There is no profit at current prices, but it has sure slowed down

Weekly Livestock Market Update with Scott Brown, October 23rd 2017

Some highlights from this week’s Weekly Livestock Market Update: •Cash fed cattle down $1.25 for the week. Feeder cattle are steady to $5.00 lower for the week. On the futures side live cattle, the nearby contract is down $.75 while feeder cattle futures were down $2.00 for the week. Choice beef cutout was up $.82

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

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