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Jim Long Pork Commentary, U.S Pork Industry: Thank Goodness for Exports, May 15th 2012

By Jim Long, President and CEO Genesus Genetics The results are in.  U.S Pork Exports in the first quarter of 2012 were 8% higher in volume (598,058 metric tons) and 20% higher in value than last year.  A record high for the first quarter. U.S Pork Exports equate to 27.8% of total U.S. ...

Pork Commentary April 30, 2012 Swine Canada Inventory Report

Swine Canada Inventory Report Last week Statistics Canada released April 1st Canada Swine Inventory Report. The breeding inventory is real steady, in 2011 1.311 million in 2012 1.312 million.  That is a 100 head difference year over year – real steady.             The Canada ...

Pork Commentary April 23 2012 USDA Livestock & Poultry: World Markets and Trade Expansion is coming!

USDA Livestock & Poultry: World Markets and Trade Expansion is coming! Last week the U.S.D.A. released its projected expectations for the world’s production of beef, pork, and poultry, exports and U.S. market share. 1,000 Metric Tons PRODUCTION 2007 2011 2012 PERCENT CHANGE 2011 ...

Pork Commentary April 16 2012 Pork Industry Round Up?

Pork Industry Round Up? The Enviropig, developed over a decade ago at the University of Guelph, has had its ongoing funding stopped by the Ontario Pork (Producers group). The Enviropig was genetically altered by an added gene of a rodent which in turn lowered the Enviropig’s phosphorus ...

Pork Commentary April 9, 2012 USDA March 1 Report was Bullish!

USDA March 1 Report was Bullish! Last week we wrote, after the USDA March Hogs and Pig Report, that” we are still of the opinion $1.00 lean hogs will be reached this summer.”  It’s interesting how one’s view can be so much different than others.  John Harrington, DTN AgDayta livestock ...

Pork Commentary April 02, 2012 March Hogs and Pigs Report: No Surprises

March Hogs and Pigs Report: No Surprises The U.S.D.A. March 01 quarterly Hogs and Pigs Report did not come out with any big surprises. March 01 Inventory (1000) head 2011 2012 2012 as percent of 2011 All Hogs and Pigs 63,684 64,872 102 Kept for ...

Pork Commentary March 21, 2012 Lean Hog Future Prices Languish

Lean Hog Future Prices Languish Last Friday June lean hog futures closed at 92.225/lb., the lowest daily close of June lean hog futures in the last 9 months.  Not Good.  Since the first of March lean hog futures have dropped 7 cents / lb. or $14.00 plus per market hog in potential value.  ...