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Pondering the Zilmax Controversy, Pork Demand and Feed Cost Expectations

2013-08-19 22:28:00| National Hog Farmer

By Steve Meyer, Paragon Economics, Inc., Adel, IA The past week was a set of mixed signals for the pork industry. Some good news was offset by some bad news on a number of fronts. read more

Tags: cost feed demand expectations

 

Pork Demand Stays Strong in First Half of 2013

2013-08-16 22:50:00| National Hog Farmer

By Joe Vansickle The total first half 2013 commercial slaughter at 54.651 million head vs. 54.765 million head last year or 114,000 head lower, is reflected in higher average first-half hog prices and also stronger year-over-year demand for pork products, says the Livestock, Dairy and Poultry Outlook published today by USDA’s Economic Research Service (ERS). Average first half 2013 prices of 51-52% live equivalent hogs were $62.25/cwt., nearly 1% greater than average prices in the same period a year ago, the ERS report indicates. read more

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CME: Outlook for China Pork Demand Focus of Market Speculation

2013-07-26 02:00:00| ThePigSite - Industry News

US - Pork exports and the outlook for China pork demand has been the focus of market speculation in recent months, particularly after the sale of Smithfield Foods to the Chinese meat producer Shuanghui International Holdings Ltd, write Steve Meyer and Len Steiner.

Tags: china market focus demand

 

Strong Demand Props Up Pork Prices

2013-06-24 22:15:00| National Hog Farmer

By Kent Bang, AgStar Financial Services, ACA, Omaha, NE As the second quarter of 2013 comes to a close, pork demand at the wholesale level has marked significant improvement and provided much needed margins for pork production operations. Although wholesale prices were expected to improve seasonally in June, prices have increased significantly over year-ago values in all pork primals with the exception of loins and spareribs, increasing the composite cutout value by nearly 15% compared to June 2012. The increase in pork belly prices has been nothing short of phenomenal. Belly primal value in late June equated to $58.07/head compared to $39.04/head a year ago, adding $19.03/head to the wholesale value of pork carcasses, year over year. read more

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Trade Barriers, Soft Demand Keep April Beef, Pork Exports Sluggish

2013-06-06 02:00:00| ThePigSite - Industry News

US - April exports of US beef and pork edged higher than the previous month but still lagged behind year-ago levels, according to statistics released by USDA and compiled by the US Meat Export Federation (USMEF).

Tags: april trade soft demand

 

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