Jim Long, President and CEO Genesus Genetics
U.S. Pork Cut-outs Continue to Strengthen
This past week we saw some improvement once again in pork cut-outs. A week ago, last Friday they were $68.95 while on Friday the pork cut-outs closed $71.19....
Jim Long, President and CEO Genesus Genetics
Last Friday, lean hog futures decreased in some months the limit. The market story was primarily due to U.S. pork exports the week of Christmas, decreasing about 10,000 tonnes from the previous few...
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
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
Sometimes it pays to look at where we are compared to a year ago.
National Daily Base Lean Hog Price -53-54%
October 24, 2019_64.50 ¢ per lb.
Oct 26, 2018_63.72 ¢ per lb.
This past...
Jim Long, President and CEO Genesus Genetics
As I write, we are somewhere over the Atlantic heading to Spain. This week the Genesus team will exhibit at Figan Event in Zaragoza, Spain. Figan is a biannual swine conference and exhibition...
Jim Long, President and CEO Genesus Genetics
Markets were rocked by Geopolitical issues this past week. Lean Hog Futures declined. Corn – Soybeans jumped. Oil – Gas jumped. Stock markets fell.
Our Observations
Despite Lean Hog Futures falling near $5, Friday...
Jim Long, President and CEO Genesus Genetics
Our first week, as we reported last week, was at Figan the major livestock exhibition in Spain. The second week we spent traveling to customers and prospects throughout Spain. Our observations:
Many if not...
Jim Long, President and CEO Genesus Genetics
Last June China stopped purchasing Canadian Pork. Up to that time in 2019 China’s pork imports from Canada were 15% of total imports, Just below Spain and Germany at about 18-20% each.
The closure...
Innovation in nutrition comes in many forms at PIPESTONE. From new technology, to better feed management, to improving the feed quality across our 40+ feed mills that feed sows managed by Pipestone Management, we are continually investigating ways to...