You searched for "Hog Market Report" (6 results found)

South East Asia Hog Market

  • 6 Apr 10:23

Nguyen Van Hung, Genesus Technical Sales Manager for Vietnam, attended the Embassy of Canada roundtable meeting with the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-food Canada (AAFC), on 28 February in Hanoi, writes Paul Anderson, General Manager, South East Asia. Tran Tuan Anh, the Trade Commissioner for the Embassy of Canada in Vietnam, also led a visit to Genesus customer DABACO the day prior to the roundtable meeting. The delegation was very interested in Genesus’ business with DABACO, which is highlighted by the very recent arrival of 775 head of Genesus registered purebred swine from Manitoba in Canada to the quarantine farm prior. Read more...

Russia Hog Market

  • 23 Mar 13:22

Russia Hog Market Simon Grey, General Manager Russia, CIS, and Europe, writes, "Despite lent, when many Russians stop eating meat, the pig price remains good at 105 Roubles ($1.82) per kg live weight. With production cost for good producers around 65 Roubles ($1.12) per kg, profitability remains high. Interestingly, the price of lean meat and fat remains very similar. Producers killing really heavy pigs are very happy!" All of the talk within the industry continues to be developing an export market, and of course, the control of ASF, although there have been no recent outbreaks on large commercial farms. The majority of outbreaks over the summer have been linked to domestic pigs. Read more...

New Year Musings - Russia and USA

  • 23 Jan 12:37

New Year Musings - Russia and USA One of the interesting global factors in the pig industry is what’s going on in Russia, and how this will affect the markets, writes Jim Long President – CEO Genesus Inc. Russia Current market price is 113 rubles a kilogram, or $0.86 USD/lb liveweight (about $215 USD per market hog). Feed costs vary by region but generally globally competitive We estimate that Russian producers’ profit range currently is $35-70 USD per head Other Factors Sanctions between European Union and United States has stopped all pork or pigs from being legally imported Pork can be imported from Brazil, Serbia, and a few other countries, but. Read more...

USA Hog Market Report

  • 17 Jan 07:36

USA Hog Market Report Cash hogs and futures have held up remarkably well in the face of some of the largest weekly slaughters in history, writes Allan Bentley, USA Sales. Weights for the last week of 2016 were 4 lbs. below last year. That tells me the industry did a great job chewing through the hogs in a timely fashion and pulled hogs forward so as not to get too backed up during the holidays. Of course, as Jim Long likes to remind us, when Packers are making $50 per head they have quite an incentive to kill as many as they can. We have not only held steady prices, but both cash hogs and hog futures have increased in value. Cash hogs have gained $9.00/ cwt in the last 6 weeks.. Read more...

Hog Market Report - USA

  • 7 Oct 11:34

Hog Market Report - USA The week ending Sept 24th was the 3rd largest weekly kill ever in the United States, followed by week ending Oct 1, which was the 4th largest weekly kill. I think that says a lot about prices, both why we are here and where prices are going, writes Allan Bentley. I made a prediction that we would break more than half the top 10 slaughter weeks this year. Two are in the books in September. If we are breaking slaughter records in September, what will the numbers be in December? Packing capacity will be stretched to the limit to an extent that we have not seen since 1998. As I write this, I am learning of a sow processor that is going to be dark. That should keep us. Read more...

Russia Hog Market Report

  • 20 Sep 09:48

Russia Hog Market Report Current prices in Russia are around 104 Roubles ($1.59) per live kg. This means good producers continue to be making $50 to $70 per pig profit. Despite this, there is a degree of nervousness in the market, writes Simon Grey, General Manager Russia, CIS, and Europe. African Swine Fever is having its normal summer rampage in Western Russia. Outbreaks are primarily in wild pigs and domestic herds, but some large commercial herds have also been infected and subsequently destroyed. Russia is expecting a 15% increasing production this year. This is expected to create market surplus in Russia in the autumn, resulting in considerably lower prices. The WTO has found. Read more...