USA – Default

USA – Default

info@genesus.com Twice a year the USA – Canada swine inventory is reported for January 1 and July 1. We are in a continental market and the combined inventory reflect supply in a free trade zone. Observations The USA – Canada Breeding Herd...
info@genesus.com The U.S. market continues to show signs of strengthening. A welcome sign for an industry devastated by losses that were unprecedented. Some positive indicators. Average Hog Price received last Thursday on 236,977 head was 81.73¢ lb. up from high...
info@genesus.com There is market momentum that will finally lead to profits in our industry. Why? Lean Hog Futures – reaching $1.00 plus lb. in July. Corn – U.S. National Cash Corn average $3.80 a bushel. Lowest in four plus years. Down from...
info@genesus.com Last week the U.S. exported 75,910 metric tonnes of Pork. This is the largest amount on record. Year to date U.S. exports up 30% - Big increases year to date with Australia up 471%, China +69%, Colombia +71%, South...
info@genesus.com If you own hogs last while you were inflicted with high feed prices. As the saying goes, “The cure to high prices, is high prices”. Cash corn reached $8.00 a bushel in this corn cycle; much was sold in...
info@genesus.com The canary in the coal mine in the hog industry is small pig and feeder pig prices. This past week the 40 lb. cash feeder pig average price in the U.S. was $57.32. The highest it has been since mid-April...
info@genesus.com We participated at the Iowa Pork Congress last week. Held in Des Moines, it is the premier swine event in the winter months. Our Observations There appeared to be less people than in other years. Still, lots of exhibitors but...
info@genesus.com The U.S. market grinded along last week with average producer owned hogs averaging 72.30¢ lean a lb. With cost of production farrow to finish in the 89¢ lb. range, red ink in the range of $40 per head continues. A...
info@genesus.com For Hog Producers that paid $8.00 a bushel for corn, the mantra “What comes around goes around” is apt. Last Friday the U.S. estimated cash average price of corn was $4.22 a bushel, the lowest it's been in 3...
info@genesus.com It's a New Year. Hope springs eternal. Got the following quote from a friend last week. For all Hog Producers it's generally a good idea to be optimistic. “Only optimists can create a great future. Only optimists can imagine it....
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