Jim Long Pork Commentary, Lean Hog Futures Tumble! April 19th 2021
Jim Long, President and CEO Genesus Genetics
Lean Hog Futures Tumble!
This past week we saw a major adjustment down on the Lean Hog Futures Market....
Jim Long Pork Commentary, A Year Later How much has changed! April 12th 2021
Jim Long, President and CEO Genesus Genetics
Last year at this time we were at the start of the Covid crisis in our industry. A...
Jim Long Pork Commentary, March 1st U.S. Hogs and Pigs Report Bullish But Not...
Jim Long, President and CEO Genesus Genetics
The March 1st U.S. Hogs and Pigs Report indicates fewer Breeding Pigs and Market Hogs.
Our observations:
Breeding Herd
Date
Year
1,000s head
Dec...
Jim Long Pork Commentary, U.S. Pork Export Sales Highest Week Since September, March 8th...
Jim Long, President and CEO Genesus Genetics
The most recent week U.S. Pork Export Sales were 59,600 metric tonnes. Of that 28,200 were to China....
Jim Long Pork Commentary, Lean Hog Prices Continue to Rise, March 1st 2021
Jim Long, President and CEO Genesus Genetics
IowaSouthern Minnesota Lean Hog Price closed last Friday at 79.81₵ lb. It has risen from 63.97₵ lb. average...
Jim Long Pork Commentary, Lean hog futures not over-bought! February 22nd 2021
Jim Long, President and CEO Genesus Genetics
We read in several places where some speculate lean hog futures are over-bought. We disagree. Our reason is...
Jim Long Pork Commentary, U.S. Market Continues to Strengthen, February 15th 2021
Jim Long, President and CEO Genesus Genetics
U.S. Pork cut-outs closed Friday at 88.38 ¢ lb. A very strong price in our opinion considering a...
Jim Long Pork Commentary, July Lean Hogs Reach 90! February 8th 2021
Jim Long, President and CEO Genesus Genetics
Last Friday July Lean Hog Futures reached 90₵. This is a new high for July 2021 – a...
Jim Long Pork Commentary, U.S. Pork in Cold Storage Ten Year Low, February 1st...
Jim Long, President and CEO Genesus Genetics
At the end of December the USDA estimates U.S. Pork in cold storage was 408,361 (1,000 pounds) a...
Jim Long Pork Commentary, Lean Hog Futures Set New Contract Highs, January 25th 2021
Jim Long, President and CEO Genesus Genetics
Summer month lean hog futures hit new contract highs last Friday at 87.20₵/lb. Significantly up from last June...