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hogs. pork

Ag Business Climate Outlook for 2017​

Recorded January 6, 2017 | Chris Hurt, Michael Langemeier and Jim Mintert discuss the key factors that will impact the agricultural outlook in 2017.

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More Pork in 2017 with Higher Hog Prices?

The latest Hogs and Pigs report released on December 23 indicated that pork supplies in 2017 will be larger than pre-report expectations.

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Hog Prices Join Corn and Wheat at Ten-Year Lows

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.

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Pork Outlook Turns Sour

Hog 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.

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Beef and Pork’s Role in Filling the Supply Gap

Producers 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.

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Impact of Corn and Soybean Prices on Swine Finishing Feed Cost

This article discussed recent trends in feed costs for a swine finishing enterprise. Feed costs have dropped dramatically since the first quarter of 2014. Feed cost is expected to be slightly below 2015 levels in 2016 and 2017.

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Modest Pork Expansion, But Brexit Casts Shadow

The longer-term economic implications of Brexit may be the most important and could reduce the rate of world economic growth. If Brexit does slow world income growth, that could be negative for global sales of pork and other U.S. agricultural products.​​

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Hog Profits – Battle Between Higher Hog Prices and Higher Feed Prices

Two important factors determining margins this year are the potential for higher pork exports and thus higher hog prices and the potential for higher feed prices. These are tugging at margins in opposite directions.

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Fewer Hogs and Higher Prices

The nation’s pork producers have indicated to USDA that they are not expanding the breeding herd and, in fact, intend to reduce farrowings this spring and summer. This means pork supplies will be somewhat less than had been anticipated and that hog prices will be somewhat higher.

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Pork Industry – A Little Profit for 2016

The outlook for the pork industry has turned somewhat more optimistic in recent weeks. The sources of that optimism include a $2 to $4 increase in spring and summer lean hog futures prices since the first of the year and slightly lower new-crop soybean meal prices. A bit higher hog prices and a little lower cost add to the potential for a profitable year.

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