Macro: The big news on the macro-economic front is the big collapse of the US dollar. Three weeks ago the dollar made 3 year highs, then stalled and has now officially collapsed. Prices of commodities settled in US dollars will... (Continue reading)
By Jim Long, President and CEO Genesus Genetics Smithfield Foods Sale is a Real Game Changer Smithfield Foods has agreed to a $4.7 billion takeover by China’s Shuanghui International. Smithfield is the world’s largest pork producer. It had total sales of... (Continue reading)
The amount of pork in cold storage at the end of April was a record, or a least larger than any other month after 1972 when my data series begins. There was 698.816 million pounds of pork in cold storage... (Continue reading)
y: Breanna Sensibaugh This past week two other mentors and I had the opportunity to help with Life on the Farm at the Gage County Fair Grounds in Beatrice. We taught 3rd graders about the importance of pigs and what... (Continue reading)
Friday morning was a normal day and the market was testing new recent highs in the June 2013 contract. The strength faded some as resistance seemed to hold and then all of a sudden we were down over $1.00/cwt and... (Continue reading)
By Jim Long, President and CEO Genesus Genetics Last week the National US lean hog price increased 5.5¢/lb. or about $11.00 per head to the better ($80.40 – $85.93 53-54% lean). The right direction for sure. Some lean hogs were trading... (Continue reading)
Outside markets were supportive with crude oil up $1.20 a barrel trading at $94.20 barrel. Gold was sharply higher, up $15.50 an ounce trading at $1,469.20 an ounce. Farmers collected $17.17 billion in crop insurance payment for the 2013 crop... (Continue reading)
By: Andrew Spader Environmental concerns seem to be a hot topic button these days. We only have a limited amount of land and resources to utilize for agriculture. Once it’s lost, it rarely can be replaced in a lifetime. That’s... (Continue reading)
Download the Complete Report Abstract A preliminary experiment was conducted to evaluate the effects of crystalline lactose on the relative abundance of sodium-dependent glucose transporter (SGLT)-1 mRNA in vitro in model porcine jejunal epithelial cells (IPEC-J2). Cells were treated with... (Continue reading)
By: Eric Mittenthal A few week’s ago I had the opportunity to attend our annual Worker Safety, Human Resources and the Environment Conference in Kansas City. The meeting is a gathering of industry leaders to share best practices and learn... (Continue reading)
Spring is right around the corner, and while we are still having some crazy weather changes here in Ohio I (as well as many other farmers) are itching for warmer weather. Tractors, planters and seed is all being prepared for... (Continue reading)
Hogs: Hogs fared no better than cattle, dropping over $1.00 in every contract through October. Technical selling, weak pork cutout and huge cash discount to the futures all aided in the selling. The two-day rally on 3/6 & 3/7 is... (Continue reading)
By Jim Long, President and CEO Genesus Genetics The combined USA- Canada Swine Inventory for the end of 2013 shows little change from a year ago. USA – Canada Swine Inventory (Thousands) 2007 2011 2012 Kept for Breeding 7,712 7,022 7,025... (Continue reading)