Jim Long Commentary

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Jim Long Pork Commentary, Mexico Trip Report, February 12th 2018

Jim Long, President and CEO Genesus Genetics Last week we spent in the state of Jalisco, Mexico. Capital of Jalisco is Guadalajara. Jalisco is the number one state in Mexico for hog production, with over 20% of the country’s output. Our Observations:   Mexico’s hog price is very good at significantly higher price than US

Jim Long Pork Commentary, Where we at? Where are we going? February 5th 2018

Jim Long, President and CEO Genesus Genetics This past week, a year ago, US 53-54% lean hogs were averaging 69¢ lb; this year, this past week 73¢ lb – 4¢ higher, or about $8 per head to the good.   A year ago, U.S. cash 40lb feeder pig were averaging $72; this week, this year

Jim Long Pork Commentary, Iowa Pork Congress Report, January 29th 2018

Jim Long, President and CEO Genesus Genetics Last week we attended the Iowa Pork Congress in Des Moines, Iowa. Iowa is the number one hog producing state in the US. Our Observations.   The Congress was well attended. The first day was quite busy. The number of exhibitors increased from last year, probably as a

Jim Long Pork Commentary, Minnesota Pork Congress Report, January 22nd 2018

Jim Long, President and CEO Genesus Genetics   Last week we attended the Minnesota Pork Congress, which was held in Minneapolis, Minnesota.   Minnesota is the number three US hog producing state after Iowa and North Carolina. Our report and observations.   There was a Taste of Elegance reception that featured Chefs and Pork. A

Jim Long Pork Commentary, Real Productivity, January 15th 2018

Jim Long, President and CEO Genesus Genetics There is a myth of swine productivity results and then the reality. There is an exercise we like to do at year end to look at real productivity of the US-Canada swine productivity sector.   To do this, we need to use the combined US-Canada breeding herd inventory

Jim Long Pork Commentary, Some Observations for the Future, January 9th 2018

Jim Long, President and CEO Genesus Genetics Some Observations for the Future   France and United Kingdom have announced that internal combustion engines will be illegal in 2035. A person I met with, pondered the following thought. Premise “if internal combustion engine losses its presence who and what is going to use ethanol”.   Currently,

Jim Long Pork Commentary, 2018 – Profits? January 3rd 2017

Jim Long, President and CEO Genesus Genetics     Pork Commentary, Jan. 2nd Jim Long President at CEO Genesus Inc. 2018 – Profits? 2017 was a good year for swine producers. How does it look for 2018? Our observations. USA If lean pork futures and small pig prices are an indication of supply and demand,

Jim Long Pork Commentary, Dec 1 U.S.D.A Hog and Pigs Report More Pigs! December 27th 2017

Jim Long, President and CEO Genesus Genetics Jim Long Pork Commentary Dec 1 U.S.D.A Hog and Pigs Report More Pigs! Last Friday the U.S.D.A released an inventory report for the U.S. Hog and Pigs Inventory (1000 head) The U.S market inventory continues to increase up 2% from a year ago.  An increase of about 1.6

Jim Long Pork Commentary, U.S. Small Pig Market on Fire, December 18th 2017

Jim Long, President and CEO Genesus Genetics Jim Long Pork Commentary   U.S. Small Pig Market on Fire The cash price for U.S. early weans and feeder pigs is on fire. Last week the U.S. cash feeder price for a 40lb pig averaged $73.37 each. U.S cash early weans averaged $63.23 last week, up $6.00

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

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