The consumer public has put out the call, and the hog industry is responding in a big way at the start of what's likely to be a year of major growth for the U.S. hog herd. New data show the breeding herd has climbed by 4%, with the number ...
Tags: hog industry, Agriculture
The hog market has been a good place to be in the last year. Live hog prices in the last few months have trended almost $20 a head higher than the same period in 2013. So, what's the outlook heading into winter? Feed supplies remain low, ...
Tags: hog market, Agriculture
Smithfield Foods, Inc., a wholly owned independent subsidiary of WH Group Limited, reported record 2014 first quarter results. All comparisons are to the first quarter of 2013. Sales for the first quarter of 2014 were $3.4 billion, up 3%. ...
Tags: Smithfield Foods, fresh pork
The Canadian Pork Council (CPC) has been following with great interest developments in trade negotiations between Canada and South Korea and welcome today's news that the terms of the Free Trade Agreement (FTA) has been finalized. The ...
Tags: Pork, Agriculture, Food
Uncertainty surrounding total swine herd losses to porcine epidemic diarrhea virus has sent lean hog futures for spring and summer contracts to record-high levels, but it's possible the markets have overreacted, a Purdue Extension ...
Tags: PEDv, Demand for pork, avoid the disease
Though hog farmers are starting to see decent profits, the continued presence of a major disease continues to keep a lid on profits and herd expansion, a report released this week shows. In a quarterly pork report, Rabobank livestock ...
Tags: lower feed costs, the pork market, PEDv
Canada has announced its second case of the PED virus, also in Ontario. The U.S. ended 2013 with PED on 2,000 farms and has added another 600 this month. The impact of the virus is pushing summer hog futures contracts close to record highs. ...
Tags: PED Virus
The U.S. pork industry has started a slow expansion driven by lower feed costs, which should lead to more rapid growth of pork supplies in the latter half of this year, says Purdue Extension agricultural economist Chris Hurt. That could ...
Tags: pork, Agriculture, Food, Meat
Pork exports during November were down 2.9% compared to a year earlier due to almost no pork going to Russia. Pork imports were up 14.3% in November due to more pork from Canada. In November, 22.2% of U.S. pork production was exported. ...
Tags: Pork, Agriculture, Food
An agricultural economist with the University of Missouri says demand will play a key role in the profitability of pork producers throughout 2014. As the result of dramatically lower feed costs and stable live hog prices U.S. pork ...
Although the trade was expecting a slight increase, USDA's January supply and demand report (WASDE) trimmed the size of the 2013 corn crop by 64 million bushels to 13.925 billion. They increased the number of acres harvested by 0.5 million, ...
Tags: Hog, Hog Outlook, Hog Prices
The forecasts for total red meat and poultry production for both 2013 and 2014 are lowered from December. For 2013, beef production is raised, but pork, broiler, and turkey production are reduced. The forecast for 2014 is reduced as lower ...
Tags: Hog, USDA Wasde, US Hog Prices
A University of Missouri agricultural economics professor predicts lower feed costs and stable pork supplies will mean improved profits for hog producers this year. During 2013 the price of corn in the U.S. fell from close to seven ...
Tags: Feed Costs, Pork, Agriculture, Farming
Most of the attention to USDA's hogs and pigs reports is focused on their quarterly numbers. They also publish monthly estimates as part of the quarterly reports. Perhaps the most import number in the December 27 report was their estimate ...
Tags: Agriculture, Food
The chair of Manitoba Pork Council says 2014 is shaping up to be a much better year for pork producers than 2013. As the result of disappointing grain production in 2012 due to drought pork producers saw grain prices double heading into ...
Tags: Mood of Pork, Meat