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Pork Commentary: Hog Market Not Hot, It’s an Inferno!

2014-03-11 01:00:00| ThePigSite - Industry News

US - Last fall when we predicted the U.S. lean hogs would reach $1.10 (at the time summer lean hog futures were $90). We contemplated if lean hogs would reach $1.20. We thought there was a chance but to be honest we thought it was beyond crazy to think it could happen, writes Jim Long, President-CEO Genesus Inc.

Tags: market hot commentary pork

Pork Commentary: June Lean Hog Futures Blast Record High $112!

2014-03-04 01:00:00| ThePigSite - Industry News

US - Lean hog prices are blasting higher. National Lean Hogs over $1.00 per pound. May through October lean hog futures reached record highs with May, June, July, August all over $1.10! A few months ago we started calling 2014 The Year of the Pig Farmer. It really is, writes Jim Long.

Tags: high june record commentary

Pork Commentary: Lean Hog Futures, Cash Move Higher

2014-02-25 01:00:00| ThePigSite - Industry News

US - The hog market is rolling. The momentum is breath taking. On Friday, June lean hog futures closed at 108, July 107.50, August 106, October 92. All across the board lean hogs pushed higher with record prices, writes Jim Long in this week's Pork Commentary.

Tags: move higher cash commentary