Ohio Swine Commentaries

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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

Dennis Smith from Archer Financial Services, February 6th 2018

Livestock Futures Should Be Able to Shake Off Stock Volatility By Dennis Smith   Follow me on Twitter @denniscattle   Tuesday February 6, 2018   LEAN HOGS: Fully steady to higher is the cash hog outlook. For reference the latest CME lean hog index stands at 7448 with the Feb paper closing yesterday at 7582.

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

Dennis Smith from Archer Financial Services, January 23rd 2018

The Show List is Smaller This Week   Follow me on Twitter @denniscattle   Tuesday January 23, 2018   Special note: we are liquidating part of our March soybean $10.00 calls today.   LEAN HOGS The NAFTA talks resume today in Montreal. The markets are currently not worried and assuming that the U.S. will NOT

Rebecca Davis Pork Producer Blog from Barton Hog Farms in Michigan, How Farms are Reducing Antibiotic Use

For the final post in my Midwest Pork Conference Series (the first was about pork industry risks, the second 3 ways to get piglets off to a good start) I will come back to Antibiotics.  This is a topic I have covered quite a bit over the past few years, as it is one of the changing

Weekly Livestock Update with Scott Brown, January 8th 2017

Some highlights from this week’s Weekly Livestock Market Update: • Market recap – Cash hogs are $2.25 higher with current lean hog futures basically flat for the week. Pork cutout value gained $1.16 this week, driven by stronger bellies which were up more than $5.00 for the week. Cash fed cattle down $1.00 for the

Dennis Smith from Archer Financial Services, December 19th 2017

Sources Indicate Pork Packers are Booked for the Week   Follow me on Twitter @denniscattle   Tuesday December 19, 2017   LEAN HOGS Cash hog prices were lower yesterday and they’re expected to remain under pressure today. Packers are already booked for the entire week. The weekly kill is pegged at 2.461 million pigs which

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

Dennis Smith from Archer Financial Services, November 28th 2017

Japan Increases Tariff on U.S. Beef Imports   Follow me on Twitter @denniscattle   Tuesday November 28, 2017   LEAN HOGS What we know for sure is that yesterday’s surge higher in lean hog futures was a light volume rally posted at just 27,335 with open interest slightly lower. We also know from the COT

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

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