Jim Long, President and CEO Genesus Genetics
Last Monday, December Lean Hog Futures were 59.72₵ lb. On Friday, 5 days later, they closed at 68.70₵ lb. That’s a 9₵ lb. increase or about $20 per head in 5 days.
It’s a...
Jim Long, President and CEO Genesus Genetics
The Wild Gyrations in the lean hog futures are best illustrated by the following:
June Lean Hog Futures
January 23 88.175
January 31 75.625
February 7 81.555
The insane drop in a week of over $25 per head...
Jim Long, President and CEO Genesus Genetics
Last week the U.S. celebrated the Thanksgiving holiday. It is a holiday to give thanks but for pig producers it’s a time where hog prices plummet as seasonal maximum supply collides with holiday...
Jim Long, President and CEO Genesus Genetics
Lean Hog Futures June, July, August and October reached new contract highs last Friday.
June - $117
July - $119
August - $116
October - $94
Long ways from the prediction of the...
Jim Long, President and CEO Genesus Genetics
As of August 15, 2021, USDA website shows payments of CFAP 1 Total Disbursed.
Cattle
$4.37 billion
Milk
$1.79 billion
Corn
$1.78 billion
Hogs
$ 624 million
Cattle, Milk, Corn, have all been paid the USDA promised CFAP 1 top-up. The hog...
Preventing the spread of wild pigs in Ontario is an important opportunity for Ontario. Wild pigs are considered one of the most damaging invasive species in North America and have been called
an ‘ecological train wreck’ for the sheer damage...
Swine inflammation and necrosis syndrome (SINS) can appear in pigs in several parts of the body simultaneously. Newborns, suckling piglets and older pigs can be affected. This condition may be perceived as a welfare issue because skin lesions tend...
Jim Long, President and CEO Genesus Genetics
The last few days we have read commentaries from pundits and future trading houses of big concern on pork demand. This is of course due to some of their vested interest to drive...
Porcine reproductive and respiratory syndrome virus (PRRSV) is generally accepted to be our number 1 problem in swine health in Ontario. Susutained control of the virus has been elusive in large part due to the continuing genetic evolution of...
Jim Long, President and CEO Genesus Genetics
If Misery loves company, we have a real hootenanny* going.
(*Scottish word, meaning party)
The Utter Collapse of the U.S. and some other countries' pork markets is unprecedented. Coronavirus and what it has done to...