Cautious U.S. Hog Herd Expansion Underway

Record-high hog prices and strong demand from overseas markets are spurring U.S. hog farmers to pursue production expansion opportunities. But with global hog output expected to hit a record in 2011, producers need to be cautious about overexpansion – especially in the current environment of record-high input prices. U.S. hog farmers have been faced with


Processors, Dairy Producers Butt Heads Again

They’ve promised to try to get along better but processors and dairy producers look set to get into another scrap over the amount of milk in a dairy product. Saputo and Kraft Canada went to court when Ottawa imposed new compositional standards for cheese, which required greater use of milk, in 2008. In February, the

Economic Uncertainty Sends Speculators Packing

Canola futures on the ICE Futures Canada trading platform suffered a major price setback during the week ended March 11, with much of the downward price slide associated with the unloading of positions by speculative accounts. None of the liquidation orders were based on fundamentals; rather, individuals were unnerved by ongoing tensions in the Middle


Sky-High Crop Acreage Targets Likely A Pipe Dream

The U.S. Department of Agriculture reiterated its projections for record-high combined plantings of corn, cotton and soybeans this spring at its annual Outlook Forum, dealing a fresh blow to crop prices by standing by its projections for potentially record-high crop production in 2011. But while record U.S. crop-planting estimates are all well and good on

Canada Hog Supplies Rise, Cattle Herd Shrinks

Canada’s hog supplies edged higher year over year for the first time in nearly five years as of Jan. 1, while its cattle herd fell to the lowest January level in 16 years, Statistics Canada said Feb. 17. Reductions in numbers of beef cows and sows, however, represent diminished potential to expand herds and suggest


Heavier Carcasses Good For Producer And Processor

Bernie Peet is president of Pork Chain Consulting Ltd. of Lacombe, Alberta, and editor of Western Hog Journal. His columns will run every second week in the Manitoba Co-operator. The trend to heavier hog carcass weights benefits both the producer and the processor, said two speakers at the recent Banff Pork Seminar. Ron Gietz, with

U.S. Hog Data Shows Producers Not Expanding

The latest U.S. Agriculture Department data shows the smallest Dec. 1 U.S. hog herd in four years, indicating that U.S. hog producers pocketed profits from this year’s high hog prices rather than investing them in herd expansion. Worries about high feed grain prices likely thwarted expansion, analysts said. Corn prices are above $6 per bushel,


Herd Rebuilding Still A Ways Off

U.S. beef demand is good given the fragile nature of America’s economic recovery but corn prices and La Nińa are seen constraining expansion of the country’s biggest cattle herd in Texas, the head of the state’s cattle raisers association said Dec. 10. “I think we are very fortunate to have the demand that we have

Smaller U.S. Cattle And Hog Herds

U.S. cattle and hog producers will likely reduce herds now that it appears there will be even less corn and soybean meal for feed, analysts said. Chicken producers, who have been rapidly expanding flocks, may slow that process now that higher-priced corn and soybean meal appear to be here to stay, analysts said. “Feed costs