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(Gloria Solano-Aguilar photo courtesy ARS/USDA)

Hog market improving with solid exports

By Dave Sims, GFM Network News February 3, 2017

CNS Canada — Strong U.S. exports and declining cold-storage numbers have helped push hog prices on Canada’s Prairies to better levels than a few months back. According to the latest information compiled by Saskatchewan Agriculture, the U.S. exported 173,770 tonnes of pork in November 2016, up 13.5 per cent from 153,051 in October 2016, and

A satellite view of Hurricane Matthew at 2:30 p.m. ET on Oct. 7, 2016. (NASA/NOAA GOES Project)

Hogs, Livestock

Smithfield to shutter major hog plant against Matthew

By GFM Network News, Theopolis Waters, Tom Polansek October 7, 2016

Chicago | Reuters — Smithfield Foods will shutter its hog processing facility, the world’s largest, on Saturday to protect employees in North Carolina from Hurricane Matthew, industry sources said on Friday, as farmers braced for the storm’s potential lashing. Matthew has fueled concerns about the safety of livestock and farm workers along the coast from

Hogs, Livestock, Markets

Hog profits disappear as U.S. futures crash

By GFM Network News, Phil Franz-Warkentin September 14, 2016

CNS Canada — A sharp drop in the U.S. hog futures over the past week is cutting into the profitability of the Canadian sector as well, with a turn higher unlikely in the near term. U.S. lean hog futures set new contract lows over the past week, as large North American supplies and expectations for

(National Pork Board (U.S.) photo via ARS/USDA)

Hogs, Livestock, Markets

Cash hog market benefits from barbecue season

By Erin Debooy, GFM Network News June 7, 2016

CNS Canada –– The Canadian hog market is gearing up to start bringing home the bacon. Weekly cash hog prices are higher on continued stronger seasonal pork cutout values, with lower supply creating better prices. “Prices generally do increase over the summer,” said Brad Marceniuk, a provincial livestock economist in Saskatoon. “I expect hog prices

(Regis Lefebure photo courtesy ARS/USDA)

Hogs, Livestock, Markets

Pork prices gain on seasonal demand, tighter numbers

By GFM Network News, Jade Markus April 25, 2016

CNS Canada — Western Canadian cash hog prices have been trending higher as supplies tighten and demand increases moving into the summer, two Prairie analysts say. “A lot of that has to do with lower slaughter numbers, higher pork cutout values,” said Brad Marceniuk, a livestock economist with the Saskatchewan government in Saskatoon. Hog numbers

Hogs, Livestock, Markets

U.S. hog herd ekes out new high as PED impact ebbs

By GFM Network News, Theopolis Waters March 28, 2016

Reuters — The U.S. hog herd in the December-February quarter modestly grew from a year earlier to a record high for that quarter, according to Friday’s U.S. Department of Agriculture quarterly hog report. Farmers cautiously added to herds while shoring up their bottom lines following the surge in hog numbers as the industry recovers from

Hogs, Livestock, Markets

Pork market looks to improve by spring

By Dave Sims, GFM Network News February 23, 2016

CNS Canada — Canadian pork prices are feeling a modest bump upward as healthy U.S. exports clean up some excess North American pork supplies. Canadian slaughter-weight prices hit their lows in November and December — and since then, they have increased about 30 per cent, according to Brad Marceniuk, a livestock economist for Saskatchewan’s agriculture

Hogs, Livestock, Markets

Weak loonie expected to support hog prices, but not yet

By GFM Network News, Jade Markus January 7, 2016

CNS Canada — A weak loonie could improve the profit margin of Canadian pork producers by summer, according to one analyst, but its effects have been little seen in the current market. Influencers outside of currency markets are driving current cash prices lower — and cash prices are relatively depressed, according to Tyler Fulton, director

Hogs, Livestock, Markets

U.S. hog herd slowly expands as farmer profit shrinks

By GFM Network News, Theopolis Waters December 23, 2015

Reuters — The U.S. hog herd grew slightly in the September-November quarter versus a year ago, a U.S. Department of Agriculture report showed on Wednesday, amid increased supplies as the industry recovers from a deadly pig virus hurt that farmer profit, said analysts. “Concern about profitability was a major issue. What kept producers from really

Hogs, Livestock, Markets

Hog prices fighting for stability

By Dave Sims, GFM Network News November 27, 2015

CNS Canada — Canadian hog prices have been drifting slightly lower over the past few weeks but are showing signs of turning the corner, according to one industry expert in Saskatchewan. Brad Marceniuk, a provincial livestock development specialist in Saskatoon, said he expects prices to stabilize in the next couple of weeks as slaughter numbers

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Tag Archives hog prices

Hog market improving with solid exports

Smithfield to shutter major hog plant against Matthew

Hog profits disappear as U.S. futures crash

Cash hog market benefits from barbecue season

Pork prices gain on seasonal demand, tighter numbers

U.S. hog herd ekes out new high as PED impact ebbs

Pork market looks to improve by spring

Weak loonie expected to support hog prices, but not yet

U.S. hog herd slowly expands as farmer profit shrinks

Hog prices fighting for stability

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