Jim Long Commentary

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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

Jim Long Pork Commentary, Russia Road Trip, October 10th 2017

Jim Long, President and CEO Genesus Genetics Last week we were in Russia, where we met customers, prospects and industry leaders. We also attended Golden Autumn. An event held annually in Moscow and a Russia celebration of agriculture and the harvest just completed. Was held at a large complex in downtown Moscow; the site was

Jim Long Pork Commentary, USDA Hogs and Pigs Report More Pigs! October 3rd 2017

Jim Long, President and CEO Genesus Genetics Last week the USDA released the September Hogs and Pigs Report. There were no surprises. There was expected of an increase in market inventory and there was 3% from last year.     The breeding herd is up 2% from last September, but what’s interesting is the breeding

Jim Long Pork Commentary, New Genesus Video, September 25 2017

Pork Commentary, September 25th 2017 Jim Long President-CEO Genesus Inc. New Genesus Video   We just finished a corporate video for Genesus. Doing it, we learned to appreciate the time and effort it takes to write and make a real Hollywood movie. Lots of time, lots of film, lots of editing, and lots of critics. In

Jim Long Pork Commentary, U.S. Packer Capacity, September 18 2017

Pork Commentary, September 18th 2017 Jim Long President-CEO Genesus Inc.   US Packer Capacity   Last Thursday the US set a new record day for hog marketing of 455,000 head per day. This reflects not only hog supply, but also the recent start-ups of the new Coldwater Michigan and Sioux City Iowa harvesting plants. For months

Jim Long Pork Commentary, U.S. Lean Hog Prices Have Rapid Decline, September 11 2017

Pork Commentary, September 11th 2017 Jim Long President-CEO Genesus Inc. ​​ US Lean Hog Prices have rapid decline   A month ago US 53-54% lean hog were 84c lb; last Thursday they were 67c lb. A drop of 17c or about $35 per head. Amazing what a few more hogs coming to the market and expectations

Jim Long Pork Commentary: U.S Midwest Road Trip, August 28th 2017

Pork Commentary, August 28th 2017 Jim Long President-CEO Genesus Inc.   U.S Midwest Road Trip​   Last week went with two of my boys on a tour of the U.S Midwest.  A few weeks ago we were in England and Europe, now my sons go to travel and see a different place, the countryside farmed by

Jim Long Pork Commentary, Visit with Wens Group, August 21 2017

Pork Commentary, August 14th 2017 Jim Long President-CEO Genesus Inc.   Visit with Wens Group   This past week we visited with Global Mega Producer Wens Group of China.  Wens are a Genesus Genetic Customer. Wens is number two on the 2017 Global Mega Producer List with one million sows.  They expect to surpass Number 1

Jim Long Pork Commentary, U.S. Hog Prices Continue Strong, August 14, 2017

Pork Commentary, August 14th 2017 Jim Long President-CEO Genesus Inc.       US Hog Prices Continue Strong   Last week, the USDA 53-54% National Hog carcass averaged 84¢ lb; same time a year ago, 53-54% lean hog was 67¢ lb. That’s about $35.00 per head year over year to the better. That $35 is really

Jim Long Pork Commentary, Europe Road Trip: France, August 8 2017

Jim Long President-CEO Genesus Inc.         Jim Long and two of his sons, Aidan and Spencer   This past week we were in France, Paris for a bit, but most of our time was in Brittany, where about 70% of Frances pig production is located. Our observation 1. France had about one

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