June 1st USDA Hogs and Pigs report June 1st USDA Hogs and Pigs Report 1000 head 2009 2010 2010 % of 2009 Kept for Breeding 5968 5788 97 Market 60842 58612 96 Hogs and Pigs by Weight Group Under 50 lbs 19554 18879 97 50 – 119 lbs 17838 16877 95 120 – 179 lbs 12604 12279 97 180 pounds and over 10847 10578 98 Pig Crop March – May 29012 28199 97 Sows Farrowing 3018 2875 March – May Pigs per ...

Industry Awaits USDA Hogs and Pigs report The Iowa–South Minnesota market closed at $77.51 lean lb average last Friday.  The market is better than a year ago’s $56.00 lb/lean or about $45.00 per head higher.  Last week’s U.S.A. weekly hog marketings were 2,011 million, down 60,000 from the same week a year ago. To see market movement potential, watch for the average weight of hogs shipped.  Last week Iowa-Minnesota was 2.0 ...

...

The World Pork Expo was well attended.  Genesus attended it with an interesting group of its team, Producers are feeling better.  There is continued evolution and consolidation, but we see little evidence of liquidation turning the other way.  In the coming weeks we believe week upon week of hog supply closer to 1.9 million head a week, then 2 million will push hogs up into the $80 lean. 2010 Sales and Marketing Meeting in Des Moines ...

World Pork Expo Report Last week we attended the World Pork Expo in Des Moines, Iowa.  Our observations: There was good attendance.  The producers we talked to are feeling a lot better.  Making money does that.  Unfortunately, 130 weeks of losing money doesn’t get all cured with seven weeks of profits. The shortage of small pigs is getting feed companies and feeder pig brokers looking for people to put gilts in empty sow ...