The cost of compliance with a California animal welfare law, which takes full effect on New Year’s Day, will likely shrink the U.S. national hog herd and lead to further consolidation, a Washington State think tank says. “No one will be spared the change in market pressures,” wrote Pam Lewison, director for the Washington Policy […] Read more
Smaller U.S. swine herd likely as Prop 12 takes effect, think tank says
Canadian pork sector concerned the animal welfare law will act as a non-tariff trade barrier
New year sees lower hog prices
Reading Time: < 1 minute Hog prices have dipped this year, says provincial livestock analyst Ann Boyda. As of March 10, hog prices had averaged $1.81 per kilogram, down about six per cent from the same period a year earlier, Boyda said in an Agri-News article. However, prices in 2022 (which averaged $2.27 a kilogram for the year) were nearly […] Read more
Hog market recovering from pandemic lows
China again a major driver of hog values
MarketsFarm — In April 2020, during the early days of the COVID-19 pandemic, prices for lean hog futures dropped to their lowest point since 2002, falling below US$40 per hundredweight. Nearly a year later, the industry is in the middle of a speedy recovery. At the Chicago Mercantile Exchange (CME) on Thursday, lean hog futures […] Read more
Strong demand, lower supplies support North American hog prices
MarketsFarm — Hog prices in North America typically come under pressure heading into fall, as the end of barbecue season coincides with more hogs coming to slaughter. However, strong global demand has propped up hog prices in recent weeks, with cash prices increasing by over 25 per cent. Fewer hogs coming to market, coupled with […] Read more
Pork is profitable, but pigs are a money-loser in Alberta
Summer is when hog producers make their money — but this year, they’re losing big time, say officials
Reading Time: 6 minutes It’s an everyday act — but one that shows why hog producers in this province are getting near the end of their rope. An Alberta producer recently delivered 200 pigs to a packing plant and got paid $4,000 less than it cost to raise those animals. And then he had to disinfect his truck at […] Read more
Strong foreign demand boosts North American hog markets
MarketsFarm — While the volume of hogs at North American slaughter markets have kept packing plants near capacity in recent weeks, strong foreign export demand has kept pork values high. “We expect pork values to move higher, due to the shortness of production in China,” said Brad Marceniuk, a Saskatchewan provincial livestock economist in Saskatoon. […] Read more
The situation is better, but Alberta’s pork sector not out of the woods yet
After a dreadful summer, prices are better but producers still losing money, says analyst
Reading Time: 2 minutes Hog markets have improved since early fall, but the situation is far from great. “In terms of the current prices, there’s nothing spectacular,” said Ron Gietz, an extension specialist with Alberta Agriculture and Forestry. Still, that’s an improvement on the spectacularly bad period last summer when hog prices plunged by more than 40 per cent […] Read more
Hog market in transition, low prices now to improve later
CNS Canada – Large slaughter numbers in the United States and the resulting increase in pork supplies should weigh on the Canadian hog sector in the short-term, but the long-term outlook remains more favourable, according to an analyst. “It feels like we’re in a bit of a transition time,” said Tyler Fulton, director of risk […] Read more
U.S. livestock: Hog futures slump on ample supplies
Chicago | Reuters — U.S. lean hog futures fell more than one per cent on Tuesday, weighed down by technical selling and expectations that supply will increase, traders said. Cattle futures were only slightly lower on the Chicago Mercantile Exchange, staying within the narrow range that has defined the trade for weeks. CME December hogs, […] Read more
Hog producers continue struggle toward profitability
CNS Canada — Hog prices might have regained some value in recent days, but many producers are still a long way from profitability, according to the chair of Manitoba Pork. That’s why lenders such as Farm Credit Canada, who show they understand the needs of producers who are dependent on commodity markets, are appreciated, said […] Read more
Cyber-Savvy Farmer
