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Hog Outlook: Prestage Foods to Build Hog Slaughter Plant in Iowa

2016-09-05 02:00:00| ThePigSite - Industry News

US - Prestage Foods of Iowa has obtained approval from the Board of Supervisors for Wright County Iowa to build a hog slaughter plant near Eagle Grove, Iowa. The $240 million plant is expected to begin operations in the second half of 2018, write Ron Plain and Scott Brown, Ag Economics, MU.

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Hog Outlook: Canadian Swine Herd Up From Last Year

2016-08-30 02:00:00| ThePigSite - Industry News

US - The Canadian swine herd was up 1.9 per cent at midyear. Compared to July 1, 2015 their breeding herd was up 0.7 per cent and their market hog inventory was up 2.0 per cent, write Ron Plain and Scott Brown, Ag Economics, MU.

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Hog Outlook: Pork Retail Price Increasing

2016-08-22 02:00:00| ThePigSite - Industry News

US - The average price of pork at retail during July was $3.781 per pound. That is 1.1 cents higher than in June and 1.2 cents higher than in July 2015. The wholesale-retail price spread was $2.146 in July, write Ron Plain and Scott Brown, Ag Economics, MU.

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Hog Outlook: Record Crops Should Keep Feed Price Down

2016-08-15 02:00:00| ThePigSite - Industry News

US - USDA is forecasting both a record corn crop and a record soybean crop this year. That should hold down feed costs and partially offset the financial losses from low hog prices this fall and winter, write Ron Plain and Scott Brown, Ag Economics, MU.

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Hog Outlook: Things Looking Up for Meat Demand

2016-08-08 02:00:00| ThePigSite - Industry News

US - The Labour Department had some good news today. The US economy added 255,000 jobs during July. That was 75,000 above trade expectations. Average wages increased by 8 cents per hour. The unemployment rate held steady at 4.9 per cent. More people with money is good for meat demand, write Ron Plain and Scott Brown, Ag Economics, MU.

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