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hogs. pork

Pork Cutout Futures Provide New Risk Management Tool

Although lean hog futures prices and pork cutout values are correlated, they can diverge significantly at times leading to interest in developing a risk management tool that more closely matches the price series used in many cash contracts. Recently CME Group launched pork cutout futures and options in an attempt to address this challenge.

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The Importance of Managing Hog Operation Feed Costs

It comes as no surprise that feed costs on hog operations have risen sharply since last summer. May 2021 Chicago Board of Trade corn futures prices hit their summer low settlement price last August at $3.46. In early March, May…

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Long-Term Trends in Pigs per Litter

Improvements in production performance are critical to controlling production costs and for the industry to remain competitive in comparison to swine producers in other countries and competing meats.  This article examines long-term trends in pigs per litter.

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China’s Pork Sector Continues to Impact U.S.

The biggest year-over-year increase in pork shipments was to mainland China, which more than doubled in 2020. Pork exports to China during 2020 accounted for nearly 30 percent of all U.S. pork exports, up from a market share of just 14 percent in 2019.

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Pork Export Strength Reliant on China

World pork markets have been disrupted the last couple of years, first by African Swine Fever (ASF) in China followed by a U.S.-China trade dispute and then, in 2020, by the coronavirus.

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Ag Outlook Webinar

Ag Outlook webinar, recorded June 12, 2020

Recorded June 12, 2020 | Purdue agricultural economists Michael Langemeier and James Mintert provide an updated ag outlook, which includes information from USDA’s June WASDE report along with updated profitability estimates for corn and soybeans. The webinar also addressed questions regarding eligibility for and assistance provided by USDA’s CFAP program.

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Coronavirus Food Assistance Program Application Details

Coronavirus Food Assistance Program (CFAP) Application Details

USDA’s Farm Service Agency is accepting applications for the Coronavirus Food Assistance Program (CFAP) from producers who have suffered losses. Indiana FSA Director Steve Brown and staff join Jim Mintert for a discussion on eligibility requirements, payment rates and application details of the 2020 CFAP program.

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Impact of COVID-19 on Swine Feed Costs

This article examines trends in feed costs as well as the impact of corn and soybean meal prices on feed costs for farrow-to-finish and swine finishing operations.  It is important to note that the swine finishing enterprise represented in this article assumes the finishing of an early-weaned pig.

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Update on the Livestock and Meat Situation

Purdue Commercial AgCast Podcast

Recorded April 28, 2020 | Purdue ag economists Jayson Lusk and James Mintert review the shifts in pork and beef production resulting from COVID-19 along with the impact these shifts have had on U.S. wholesale beef and pork prices as well as prices for cattle and hogs.

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COVID-19 Impacts on Pork and Beef

Processing plant closures sharply reduced livestock slaughter volume for both cattle and hogs in recent weeks. Federally inspected cattle slaughter the week ending April 25th, at 469 thousand head, was down 27% compared both to the first week of 2020 and the same week a year earlier.

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