Jim Long Commentary

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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

Jim Long Pork Commentary, European Road Trip, August 1 2017

  Jim Long President-CEO Genesus Inc.   This past week we met producers from England, Netherlands and Germany. Our Observations:   England Production holding steady at about 400,000 sows.  About 40% of swine production is outdoor.  That means field farrowing, just like America 30-35 years ago.  Current Swine prices at £1.65 British pounds a carcass kilo

Jim Long Pork Commentary, Summer Market Continues to be Lucrative, July 25 2017

Jim Long, President – CEO Genesus Inc.     The summer hog market continues to provide strong profits.  Lean Hogs over 90¢ lb.  Last year same time U.S lean hogs were averaging 72¢ lb.  The difference at least $36 per head to the better.  Huge profit margin improvement.  We had a real nice compliment last

Jim Long Pork Commentary, National Pork Industry Conference Report, July 17 2017

Last week we attended the National Pork Industry Conference (NPIC) held at Kalahari Resort, Wisconsin Dells, Wisconsin.  Their were approximately 950 registrants for the four day conference.  NPIC had many speakers and events.  Our observations:   Sunday night kicked off with the excellent Barbecue prepared by Lynch Livestock.  This was followed by the Genesus Reception

Jim Long Commentary, U.S Hogs and Pigs Report More Pigs!, July 4 2017

The USDA released the June 1st Hogs and Report last Friday.  Lots more pigs!  2.2 million more markets.  This will lead to almost 100,000 more hogs per week for plants year over year in coming 5 months.     Simple Arithmetic March to end of May – 3% more farrowing’s – 1% bigger litter =

Jim Long Pork Commentary, US Lean Hogs Reach 90¢, June 27 2019

  Last Friday US lean hogs reached 90¢ lb. Pork demand and lower hog supplies are driving prices higher.  Packers margins remain good with USDA pork carcass cut-outs over $1.01 per lb. Producers and Packers both making money.  It’s a virtual day at Disneyland for the Pork Industry.   My father always said a major

Jim Long Pork Commentary, Global Mega Producers, Think Globally, Act Locally, June 18 2019

    Genesus as the founding sponsor have in conjunction with the National Hog Farmer the most read swine magazine and e-letter in the United States have jointly initiated the Global Mega Producer program.  The Mega Producer initiative recognizes the 26 Global producers with over 100,000 sows.  As our industry consolidates and becomes more Global with

Jim Long Pork Commentary, World Pork Expo, June 6 2017

Pork Commentary Jim Long President – CEO Genesus Inc. info@genesus.com This week is the World Pork Expo in Des Moines, Iowa.  It is the premier annual Pork Expo held in the World.  The who’s who of the American and Global Swine Industry will be represented.  The Expo is a showcase of what’s new in the

Jim Long Pork Commentary, U.S Summer Lean Hog Contracts Reach New Highs, May 29th 2017

Jim Long, President and CEO Genesus Genetics   May 29, 2017 U.S Summer Lean Hog Contracts Reach New Highs     The bullish run of summer Lean Hog Contracts continued last week with the CME Friday close reaching new life of contract highs.  June 81.85, July 81.900, August 81.300.  On April 21 just over a

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