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Pork producers are watching the weather forecast almost as intently as crop producers. Higher feed prices driven by weather forecast are now a new threat to their returns.
Read More about Weather Clouds Pork OutlookGenerally, for agricultural commodities, larger supplies result in lower prices. This year’s hog market is going against that adage with higher supplies and higher prices.
Read More about Hog Prices Continue to be Higher this YearThe 2016 election cycle created a lot of confusion about the importance and benefits of trade in general. In particular, a good bit of the election year rhetoric focused on trade within the NAFTA trade bloc (U.S., Canada and Mexico).
Read More about NAFTA Trade is Important for Meat IndustryPrices will be supported by stronger demand because of a growing U.S. economy and by a robust eight percent growth in exports as projected by USDA.
Read More about Pork Industry Favored by Strong DemandThe pork industry outlook has experienced a major shift to the upside. Pork producers are pleased to see 2017 hog prices higher than expected.
Read More about Hog Prices Outperform ExpectationsRecorded January 6, 2017 | Chris Hurt, Michael Langemeier and Jim Mintert discuss the key factors that will impact the agricultural outlook in 2017.
Read More about Ag Business Climate Outlook for 2017The latest Hogs and Pigs report released on December 23 indicated that pork supplies in 2017 will be larger than pre-report expectations.
Read More about More Pork in 2017 with Higher Hog Prices?What can happen to prices of agricultural commodities in a decade, and why look at the last decade? It is because it was 10 years ago in the fall of 2006 that agricultural commodity prices began to head upward in what can be described as a boom/moderation price cycle.
Read More about Hog Prices Join Corn and Wheat at Ten-Year LowsHog prices have collapsed to levels far below breakeven. There is worry that there are more hogs headed to market this fall than available packing capacity, and the latest USDA inventory indicates there are more hogs than had been anticipated.
Read More about Pork Outlook Turns SourProducers of beef and pork have generally been discouraged about recent low prices as cash prices have dropped sharply this year. Spring finished cattle price highs were near $138 per live hundredweight, but last week had fallen to $115, a $23 plunge.
Read More about Beef and Pork’s Role in Filling the Supply Gap