Dennis Smith of Archer Financial Services, Daily Volume Surges Higher in Feeders, September 21 2017

  LEAN HOGS Cash will be called lower today because packers will continue to throttle the cash in an uncompetitive environment until it no longer works. My assumption is that eventually numbers will drop off in some kind of hole? Or perhaps a bullish surprise will surface in the hog & pig report? Or possibly

Larry E. Sitzman Youth in Nebraska Agriculture Scholarship

    Established by the Nebraska Pork Producers Association Larry E. Sitzman learned patriotism, service to our country, and respect for our leaders from his parents. While in high school he heard John F. Kennedy’s Inaugural Address, “Ask not what your country can do for you, ask what you can do for your country.” This address increased his desire to serve.

Genesus Technical Report: What Does Optimal FCR Really Mean?

  What does optimal FCR really mean? Derek Petry, Ph.D. – Genesus Inc.    As a genetic supplier, one of the first topics discussed in any meeting is feed conversion ratio (FCR).  While a very easy value to calculate, it is important to know the relationship between FCR and profitability. There are numerous factors that

The Importance of Mycotoxin Risk Management

  Mycotoxins aren’t new to anyone in the grain and livestock sector. Yet the prevalence of mycotoxins in grain sources varies each year, making it difficult to manage mycotoxin risk without a comprehensive plan. The Food Safety Modernization Act (FSMA) has classified mycotoxins as a hazard, which means they will need to be addressed as

CIH September Hog Margin Watch

    Margins were mixed over the first half of September, weakening in nearby periods while strengthening in forward slots. Hog prices declined in spot contracts, while gaining in deferred months, as feed costs held relatively steady – with the exception of soybean meal, which has moved higher since the end of August. Hog finishing

Dennis Smith from Archer Financial Services, Bellies Are Being Placed into the Freezer at Breakneck Pace, September 19 2017

    LEAN HOGS Monthly cold storage comes out Friday afternoon at 2:00. It likely will show a very small belly frozen stock figure. Since Sep 1st, however, we believe bellies have been placed into the freezer at breakneck speed. Eventually, despite record large production, this activity will force a bottom in the fresh belly

Jim Long Pork Commentary, U.S. Packer Capacity, September 18 2017

Pork Commentary, September 18th 2017 Jim Long President-CEO Genesus Inc.   US Packer Capacity   Last Thursday the US set a new record day for hog marketing of 455,000 head per day. This reflects not only hog supply, but also the recent start-ups of the new Coldwater Michigan and Sioux City Iowa harvesting plants. For months

Scott Brown of the University of Missouri, Weekly Livestock Market Report, September 18 2017

  •Market recap for the week ending September 15, 2017: Cash hogs were down $3.80 for the week. The pork cutout was $2.82 for the week, led by bellies that declined $11.77 for the week. Ribs were down $8.84 this week. Pork bellies have lost 47% of their value in the last month. On the

NPPC Supports Northey and Ibach USDA Nominations

  NPPC was a signatory to a letter this week supporting the USDA appointments of Bill Northey as Undersecretary of Farm Production and Conservation and Gregory Ibach as Undersecretary for Marketing and Regulatory Programs. Currently, Northey is secretary of the Iowa Department of Agriculture, and Ibach is director of the Nebraska Department of Agriculture. Noting

Gov. Ricketts Signs Pork Agreement During Japan Trade Mission

  Today, Governor Pete Ricketts participated in a signing ceremony at Sagami Restaurant in Tokyo, Japan on behalf of Nebraska’s pork producers.  During the ceremony, representatives from Smithfield Foods International Group and Sagami Chain Co. Ltd. signed a Letter of Intent (LOI) designed to expand the business relationship between the two parties.  This expansion will