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Jim Long Pork Commentary: US Lean Hog Prices have rapid decline

2017-09-12 02:00:00| ThePigSite - Industry News

A month ago US 53-54% lean hog were 84c lb; last Thursday they were 67c lb. A drop of 17c or about $35 per head. Amazing what a few more hogs coming to the market and expectations of even lower prices can do to returns.

Tags: long prices jim rapid

 

CME: Labor Day Lowers Cattle, Hog Slaughter in W36

2017-09-12 02:00:00| ThePigSite - Industry News

US - Cattle and hog slaughter was lower last week as processing plants were closed in observation of Labor Day on Monday, 4 September. Total cattle slaughter was estimated at 555,000 head, 4.8 per cent higher than the previous year, reports Steiner Consulting Group, DLR Division, Inc.

Tags: day labor cattle slaughter

 
 

Here is how hog industry stacks up favorably

2017-09-11 11:00:00| National Hog Farmer

Pork operations, at best guess, have undergone a valuation increase of seven to eight times earnings.

Tags: up industry stacks hog

 

Hog Producers Positioned to Withstand Higher Canadian Dollar

2017-09-11 02:00:00| ThePigSite - Industry News

CANADA - H@ms Marketing Services says the majority of pork producers in western Canada have protected themselves from the rise in the value of the Canadian dollar stimulated by rising interest rates, Bruce Cochrane reports.

Tags: higher dollar canadian producers

 

Increased Interest Rates Negatively Impact Hog Producers

2017-09-08 02:00:00| ThePigSite - Industry News

CANADA - The Director of Risk Management with h@ms Marketing Services says the Bank of Canada's latest interest rate hike will increase financing costs for hog producers while lowering returns by stimulating an increase in the value of the Canadian dollar, Bruce Cochrane reports.

Tags: interest rates increased impact

 

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