By Jim Long, President and CEO Genesus Genetics June U.S.D.A. Quarterly Hogs and Pigs Report: Apocalypse Not Now For weeks we all have been exposed to the wringing of hands by the Chicken Little’s that U.S. packers would be... (Continue reading)
By Jim Long, President and CEO Genesus Genetics .S. producers are benefiting from a surge in lean hog prices over the last couple of weeks. Iowa – Southern Minnesota averaged $102.36 last Friday with highs reaching $1.08 per pound. That... (Continue reading)
By Jim Long, President and CEO Genesus Genetics Last Friday U.S. Iowa – Southern Minnesota lean hogs broke the magical $1.00 lean per pound price averaging $100.09 with highs to $1.03 per pound. A huge surge in cash price of... (Continue reading)
By Jim Long, President and CEO Genesus Genetics World Pork Expo Report This past week we attended the World Pork Expo in Des Moines Iowa where we had great weather. The expo was well organized and attendance was good. ... (Continue reading)
By Jim Long, President and CEO Genesus Genetics This week we will be at the World Pork Expo. You can find us at the Genesus tent just east of the Varied Industry Building. We expect good attendance. The crop is... (Continue reading)
By Jim Long, President and CEO Genesus Genetics Last week in the commentary we wrote of the car accident we had in China. I am now truly happy to report our return home. As you read last week Mike Van... (Continue reading)
By Jim Long, President and CEO Genesus Genetics We arrived in China on the Saturday. We had several meetings with customers and prospects. Last Wednesday we were riding in a GM minivan just outside Beijing heading to inspect quarantine site... (Continue reading)
By Jim Long, President and CEO Genesus Genetics The results are in. U.S Pork Exports in the first quarter of 2012 were 8% higher in volume (598,058 metric tons) and 20% higher in value than last year. A record high... (Continue reading)
By Jim Long, President and CEO Genesus Genetics Swine Canada Inventory Report Last week Statistics Canada released April 1st Canada Swine Inventory Report. The breeding inventory is real steady, in 2011 1.311 million in 2012 1.312 million. That is... (Continue reading)
By Jim Long, President and CEO Genesus Genetics Last week the U.S.D.A. released its projected expectations for the world’s production of beef, pork, and poultry, exports and U.S. market share. 1,000 Metric Tons PRODUCTION 2007 2011 2012 PERCENT CHANGE 2011... (Continue reading)
By Jim Long, President and CEO Genesus Genetics The Enviropig, developed over a decade ago at the University of Guelph, has had its ongoing funding stopped by the Ontario Pork (Producers group). The Enviropig was genetically altered by an added... (Continue reading)
By Jim Long, President and CEO Genesus Genetics Last week we wrote, after the USDA March Hogs and Pig Report, that” we are still of the opinion $1.00 lean hogs will be reached this summer.” It’s interesting how one’s view... (Continue reading)
By Jim Long, President and CEO Genesus Genetics The U.S.D.A. March 01 quarterly Hogs and Pigs Report did not come out with any big surprises. March 01 Inventory (1000) head 2011 2012 2012 as percent of 2011 All Hogs and... (Continue reading)