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Iowa Swine Commentaries

Jim Long, President and CEO Genesus Genetics Some positive news for the U.S. pork industry is the increase in the Pork Exports and decrease in Pork imports in July. Some Points: China / including Hong Kong at 112.67 million pounds was...
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...
Jim Long, President and CEO Genesus Genetics   Last week China’s Ministry of Agriculture announced that July’s pig inventory had shrunk 32.2% and sow inventory had decreased 31.9% from July a year ago. China had its first official break of African...
Jim Long, President and CEO Genesus Genetics Lean Hog futures continued to be the pox on our house, creating fear and financial calamity in the swine sector. April lean Hogs were 66.42 on March 24, on Friday April 3, they...
Jim Long, President and CEO Genesus Genetics Who would have thought on a week in November U.S. pork cut-outs would hit 90.12₵ lb. in the midst of record slaughter (last week 2,749,000).  Pork isn’t 90₵ because buyers want to pay more....
Jim Long, President and CEO Genesus Genetics   Last week we attended the Mid-West Swine Conference that was held in Danville Indiana, just west of Indianapolis. Our Report:  Producers in General are less than enthusiastic. Losing money as most producers are is...
The year 2020 has been anything but normal.  I think we can all agree that the hog and pork markets are as volatile as ever!  In recent years, this industry has undergone PEDV, African Swine Fever, and now Covid-19. ...
Jim Long, President and CEO Genesus Genetics   Last week was another topsy turvy week for the Swine Industry. Our observations.  Lean hogs average Last Thursday 53-54% U.S. lean hogs averaged 82.84¢ lb. The week of July 20th they were 71¢ lb. a...
Jim Long, President and CEO Genesus Genetics One thing there seems to be an agreement on with people we talk to is the number of empty finishers in the U.S. Of course, there are no real statistics on this but...
Jim Long, President and CEO Genesus Genetics There was some life in the U.S. hog market last week with October Lean Hog Futures gaining $5.71. Pork carcass cut-outs closed Friday at $78.53, higher than its been for a while. Last...
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