Jim Long, President and CEO Genesus Genetics
Last week we continued our road trip going to Ireland. We have never been there before. Beautiful country.
Our Observations
Like the rest of Europe and the UK, Ireland producers have suffered from high feed...
Jim Long, President and CEO Genesus Genetics
British Pig & Poultry Fair Report
Last week we attended the British Pig & Poultry Fair held in Stoneleigh Park, England. Our report:
This was the first Pig & Poultry Fair in four years due...
Last week we attended the National Swine Congress of Mexico held at Barceló Maya Riviera a grand resort located south of Cancún in the Riviera Maya.
This coming week we will be at the British Pig and Poultry Fair in...
Jim Long, President and CEO Genesus Genetics
Lean hog futures plummeted last week as traders kicked the crap out of summer futures in the $20 per head range. Interesting that cash hogs lost ground but not nearly at the rate...
We began writing the Pork Commentary over 20 years ago. Included in that time period has been the weekly Spanish translation on porcicultura.com. Many of you have read the commentary for many years, we have all been on a...
Jim Long, President and CEO Genesus Genetics
Good sign last Friday that U.S. Pork Cut-outs closed at $1.10 lb. After a few weeks near a $1.00 it is necessary for cut-outs to increase to move the hog price higher. Over...
Jim Long, President and CEO Genesus Genetics
Hog Markets Go Sideway
This past week we saw continued lackluster movement in Cash Hogs and Pork Cut-Outs.
Observations
Packers buying hogs are losing money. This is tempering their desire to be further aggressors...
Jim Long, President and CEO Genesus Genetics
The relentless decline of the U.S. breeding herd continues. It peaked on December 1st, 2019 at 6.471 million. The breeding herd this March 1 the USDA reports is 6.098 million a decline of...
Jim Long, President and CEO Genesus Genetics
Last Friday U.S. Lean Hog Futures reached new contract highs from May to May. A sign that future traders have now realized the huge decrease in pork production is a reality.
June 2022 Lean...
Jim Long, President and CEO Genesus Genetics
We have been commenting for several months about European record low sow cull prices, low feeder pig prices, and low slaughter hog prices. All leading to massive losses throughout when coupled with high...