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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

 

Hog Prices Take Off, Probably Due to PEDV

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

US - How large are the losses of baby pigs due to PED-V (Porcine Epidemic Diarrhea Virus) and how will the losses reduce slaughter supplies this spring and summer and for the rest of 2014? No one knows the correct answer, but lean hog futures market participants seem to have decided that the losses will be very large for slaughter supplies this spring and summer, writes Chris Hurt.

Tags: to due prices hog

 
 

Large Reductions Estimated in Hog Supply Due to PED

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

US - I have been hesitant to estimate supply reductions due to Porcine Epidemic Diarrhoea (PED) due to the incomplete nature of the data that has been made available through animal disease diagnostic labs, writes Steve Meyer in his latest weekly Market Preview published in National Hog Farmer magazine.

Tags: large due supply estimated

 

Large Reductions Estimated in Hog Supply due to PEDV

2014-03-03 23:38:00| National Hog Farmer

By Steve R. Meyer, Ph.D., Paragon Economics, Inc., Adel, IA I have been hesitant to estimate supply reductions due to PEDV due to the incomplete nature of the data that has been made available through animal disease diagnostic labs. Those shortcomings are not the labs faults, just the nature of a new disease that is not reportable to state or federal veterinary authorities. But the number of cases reported in recent weeks and growing comfort with some of the loss numbers compel me to estimate reductions for this summer and they are pretty amazing. read more

Tags: large due supply estimated

 

Hog Outlook: Last Week Fabulous for Hog Prices

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

US - It has been a fabulous week for hog prices. The national average negotiated carcass price for direct delivered hogs on the morning report today was $98.03/cwt, up $9.66 from last Friday, up $15.49 from two weeks ago, and up $27.60 from a year ago, according to Ron Plain and Scott Brown in their "Hog Outlook" report for 28 February 2014.

Tags: week prices outlook fabulous

 

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