Jim Long, President and CEO Genesus Genetics
“Anyone can raise hogs. But it takes a near Genius to make money doing it.”
“Anyone can raise hogs. But it takes a near Genius to make money doing it.” - The quote attributed to...
Jim Long, President and CEO Genesus Genetics
Last week Lean Hogs increased from $103.0₵ / lb. to $106.5₵ / lb. There appears to be a relentless ongoing price increase driven by tight supplies and good demand.
Our Observations
Weekly slaughter last week...
Seasonal infertility continues to be a widespread problem for sow herds across the US. And if you don’t have a problem with seasonal infertility, it may mean you are not recognizing it, reported Daniel Gascho, DVM, with the Four...
PRRS, the 4-letter abbreviation that should make any hog producer shutter. The extensive disease pressure this year has likely caused this feeling more than once. Porcine Reproductive and Respiratory Syndrome (PRRS) is a viral disease resulting in complications with...
The Issue:
With the onset of the pandemic in March 2020, many consumers experienced, for the first time in their lifetimes, empty grocery store shelves. More than a year into the pandemic, they are facing another unfamiliar trend when it...
Michael Schwirtz, Andrew E. Kramer and Michael Levenson reported on the front page of Sunday’s New York Times that, “President Vladimir V. Putin warned on Saturday that crippling economic sanctions imposed by the West were ‘akin to a declaration...
Jim Long, President and CEO Genesus Genetics
USDA December 1 Hogs and Pigs Report
(1,000 head)
December 1
2019
2020
2020 as percent
of 2019
Kept for Breeding
6,471
6,276
97
Market
71,757
71,226
99
Market Hogs and Pigs by weight groups
Under 50 pounds
22,048
21,739
99
50-119 pounds
20,648
20,260
98
120-179 pounds
15,256
15,246
100
180 pounds and over
13,816
13,980
101
Fig Crop
71,829
71,030
99
Dec 2019-Nov2020 (12-Months)
(1,000 head)
Sows...
State and federal courts have long held that a constitutional taking may occur from government-induced flooding. The Indiana Supreme Court recently handed down a unanimous decision explaining how courts should analyze permanent and temporary takings by flood waters. This...
Shenzhen Kingsino Technology Company Limited (002548.SZ) announced last night that Mr. Liu Feng resigned as Chairman, Board Member, Chairman of the Strategic Committee, and all positions in Kingsino subsidiaries, effective immediately.
Dr. Chen Junhai, Kingsino founder and long-time Chairman...
U.S. farm equity in 2022 is 27.7% higher than it was in 2017 and 42.7% higher than it was in 2012. During the last 10 years, net farm income was above the long-run average (i.e., average from 2007 to...