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CME: Lean Hog Futures Posted Sharp Declines

2015-03-05 01:00:00| ThePigSite - Industry News

US - Lean hog futures posted sharp declines yesterday on continued weakness in cash hog markets, large slaughter volume and a steady erosion in the pork cutout, write Steve Meyer and Len Steiner.

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Are Lower Hog Prices Justified by Supplies?

2015-03-03 01:00:00| ThePigSite - Industry News

US - First quarter hog slaughter subsided a bit last week, dropping by 0.8 per cent from the week before to 2.262 million head. That figure was still 5.6 per cent larger than last year at a time when the December Hogs and Pigs report indicated that hog supplies should be about 0.5 per cent higher, writes Steve Meyer in the National Hog Farmer.

Tags: prices lower supplies justified

 
 

Pork Commentary: Hog Market Shows a Pulse

2015-03-03 01:00:00| ThePigSite - Industry News

CANADA - Last week the Cash Hog Market showed a pulse! The 53 – 54% lean hog price increased 4¢ or $8.00 a head Thursday to Thursday. Finally, the market price had an increase after what seemed like weeks upon weeks of decline, writes Jim Long President – CEO Genesus Inc.

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Are lower hog prices justified by supplies?

2015-03-03 00:36:00| National Hog Farmer

First quarter hog slaughter subsided a bit last week, dropping by 0.8% from the week before to 2.262 million head. That figure was still 5.6% larger than last year at a time when the December Hogs and Pigs report indicated that hog supplies should be about 0.5% higher. The average estimated live weight for all hogs dropped another 2 pounds to 284 while the all-hogs estimated carcass weight remained steady at 2015, 1% higher than one year ago. read more

Tags: prices lower supplies justified

 

Pork Commentary: US Hog Numbers Pushing Higher

2015-03-02 01:00:00| ThePigSite - Industry News

US - Last week the US marketed 2.285 million hogs, up 174,000 from the same week a year ago (+8%). A big jump considering the USDA December 1st inventory report indicated no more than 3% more hogs year over year. Big supply is keeping lean hog prices low with 53 – 54% National hogs $59.93 at the end of last week, writes Jim Long President – CEO Genesus Inc.

Tags: higher numbers commentary pushing

 

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