February 18, 2009 Supplemental

Pork Commentary

Supplemental Commentary

By Jim Long President - CEO Genesus Inc.

                                 CANADA-USA Inventories Crash

Statistics Canada just released its January 1st Swine Inventory Report. When we combine December USDA Hogs and Pigs Report under 60 lbs with Canada's under 20 kg (44 lbs) the results are extraordinary.

Canada-USA Combined

(thousand head)

 

Last Year

This Year

Difference

USA under 60 lbs

22,545

21,297

-1,248

CANADA under 20 kg (44 lbs)

4,471

3,713

-758

Combined

USA-CANADA

27,016

25,010

-2,006

2 million less small pigs compared to a year ago, or about ten weeks of production. That's give or takes 200,000 less hogs per week going to market year over year. Is there any wonder so many finishers are empty?

Gentlemen start your engines come about mid April to about the first of May an extraordinary decrease in year over year marketings are going to happen. 90¢ lean hogs are coming around the track. Buckle up!

5 GENESUS Customer Herds Surpass 30 pigs

We would like to congratulate the 5 Genesus Customer Herds that surpassed 30 pigs weaned* in calendar year 2008. They are:

Camrose (USA)..............31.30 (2nd consecutive year over30)

Riverview (USA)............30.20

Woodland (Canada)......30.03 (3rd consecutive year over 30)

Grand (Canada).............30.01

Evergreen (Canada)......30.00

*pigs weaned mated female year - Jan 1-Dec 31, 2008

These are dominating results. It takes tremendous management intensity 7 days a week to reach these outstanding results. These are not 4.5 day a week managed operations. The results are a testament to the advanced genetics provided by Genesus. Smart mangers also make the right decisions. The genetic capacity of Genesus is raising the bar in production potential. If you are not using Genesus you are not reaching your maximum profit potential.

Genesus is the true alternative for your Genetic needs. Congratulations to these outstanding producers.

Please click here for more detailed info and Performance Monitor of the 5 herds