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Hog Outlook: Record Highs for Retail Pork Prices in August

2013-09-23 02:00:00| ThePigSite - Industry News

US - Retail pork prices set new record highs in August for the second consecutive month. The average price of pork in grocery stores during August was $3.757 per pound. That was up 23.1 cents from August 2012 and up 12.7 cents from the record set the month before. For the third month in a row, retail boneless ham prices are higher than boneless pork chop prices, a historical rarity, write Ron Plain and Scott Brown.

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Pork Commentary: US Cash Hog Prices Continue High

2013-09-17 02:00:00| ThePigSite - Industry News

CANADA - It’s mid-September and US Lean hogs are hovering around 93¢/lb. A year ago they were 68¢/lb, writes Jim Long, President – CEO Genesus Inc

Tags: high continue prices cash

USDA Drops Feedgrain Stocks, Raises Hog Prices

2013-08-13 17:09:00| National Hog Farmer

By Joe Vansickle USDA’s World Agricultural Supply and Demand Estimates (WASDE) report for Aug. 12 projects 2013/14 U.S. feedgrain supplies to trend lower, with corn production forecast lowered 187 million bushels to 13.8 billion. The first survey-based corn yield forecast, at 154.4 bushels per acre, is down 2.1 bushels from last month’s projection. Corn stocks for 2013/14 are projected 10 million bushels lower, with a 15-million-bushel increase in 2012/13 exports only partly offset by a 5-million-bushel increase in imports. read more

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