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Pork Commentary: Cash Hogs Push Higher

2016-05-03 02:00:00| ThePigSite - Industry News

US - Last week U.S Cash Hogs pushed higher for the first time in several weeks reaching 70¢ lean, they had been trading in the mid 60’s. We expect lean hogs to reach 80¢ in the next few weeks.

Tags: higher cash push commentary

 

Pork Commentary: US Market in Swine Purgatory

2016-04-27 02:00:00| ThePigSite - Industry News

US - The US Market is in what appear to be a swine purgatory. Week upon week of prices in the 65¢ lb lean range. Just above cost of production, 65¢ it's not hell but it's not heaven, it's purgatory, writes Jim Long President – CEO Genesus Inc.

Tags: market commentary pork swine

 
 

Pork Commentary: China Market Sizzling

2016-04-19 02:00:00| ThePigSite - Industry News

This past week we had visitors from China. The industry there is currently making fantastic money with China hog price of 19.54 rmb/kg liveweight calculating to $1.37 US lb. liveweight. A 250 lb market hog is bringing $340 US per head, writes Jim Long President – CEO Genesus Inc.

Tags: china market commentary pork

 

Pork Commentary: London Swine Conference Report

2016-04-12 02:00:00| ThePigSite - Industry News

CANADA - This past week we attended the London Swine Conference held in London Ontario, writes Jim Long President – CEO Genesus Inc.

Tags: report london conference commentary

 

Pork Commentary: Prestage Foods to Build New Pork Plant

2016-03-30 02:00:00| ThePigSite - Industry News

US - The race to add more packing space in the United States continues. Last week Ron Prestage DVM announced on behalf of the Prestage family, their plan to build a 650,000 sq. foot $240 million pork processing plant in Mason City Iowa.

Tags: build plant foods commentary

 

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