| |
No Relief
in Pig Crop Report
Last Friday’s quarterly Hogs and Pigs report did little
to allay fears that the North American pork industry is in for another
year of economic difficulty. As has been the story in most recent
reports, any reductions of productive capacity being made by U.S.
producers are being almost simultaneously offset by rising productivity.
The key numbers from the USDA report appear in Table 1. Note that
virtually all of the numbers are very close to analysts’ pre-report
estimates, published last week per a survey by DowJones. Anything
within 1% is usually deemed “as expected” and likely to be neutral
for Lean Hogs futures. Early trading on Monday indicates that the
market was a bit surprised by the size of the fall pig crop (down only
0.1%) and somewhat disappointed that the breeding herd was not lower –
even though I don’t know how current data could have suggested a
significantly lower breeding herd.
FULL ARTICLE
|
Losses
Continue to Mount
I looked back at some of my previous columns that I had
written for National Hog Farmer’s Weekly Preview, and I find
myself growing tired of even writing about the continued losses that the
industry is experiencing. When the price for hogs is sitting at close
to $57/cwt., carcass, pork producers are receiving about $114 a head for
their hogs, while their cost to raise hogs is close to $140 a head. This
equates to a $25 per head loss, and as you look forward, there are no
profits in sight on the futures market until the middle of 2010.
In addition, pork cutout value is actually running below that of cash
prices. Cutout value on June 24 was at $53.44, almost $2.50 below the
cash price for that date. There’s no doubt that everyone in the pork
industry is in need of some financial relief – but so far there does
not seem to be any sign of relief in sight.
FULL ARTICLE
|
Ag
Agreement on Climate Change
Congressman Collin Peterson (D-MN), chairman of the House
Agriculture Committee, announced an agricultural agreement on the
climate change bill that the House of Representatives passed Friday
night (June 26) by a vote of 219-212. Peterson worked out the agreement
with Congressman Henry Waxman (D-CA), chairman of the House Energy and
Commerce Committee. Peterson said, “The climate change bill will
include a strong agriculture offset program run by the U.S. Department
of Agriculture that will allow farmers, ranchers, and forestland owners
to participate fully in a market-based carbon offset program. This
agreement also addresses concerns about international indirect land use
provisions that unfairly restricted U.S. biofuels producers and exempts
agriculture and forestry from the definition of a capped sector.” On
indirect land use, the agreement postpones the RFS2 (Renewable Fuels
Standard) rule provision on indirect land use for five years (three-year
study, two years for determination), plus another year for
implementation at the conclusion, if needed. The agreement gives the
secretary of agriculture veto power over the determination.
FULL ARTICLE
|
Pork
Checkoff Requests Input On Crafting New Strategic Plan
With the long list of challenges confronting pork
producers today, the National Pork Board is seeking producer
input to help shape the future of the U.S. pork industry.
The goal of the series of meetings is to find new solutions to the
economic, social and scientific challenges facing the pork industry.
The July regional meetings are open to all pork producers and to
others with an interest in the future of the pork industry and the role
of the Pork Checkoff. The meetings will be from 9 a.m. to 2 p.m. as
follows:
FULL ARTICLE
|
July 23, 2009: Pork Checkoff strategic
planning meeting, Holiday Inn Convention Center, Omaha, NE; contact: the
National Pork Board at (800) 456-7675 or go to www.pork.org.
July 24, 2009: Pork Checkoff strategic planning
meeting, Indiana Pork Producers office, Indianapolis, IN; contact: the
National Pork Board at (800) 456-7675 or go to www.pork.org.
|
Texas Farm, LLC
Is
Expanding its Leadership Team!
Texas Farm a 14 year Pork Production company located near Perryton,
Texas is looking for experienced Pork Production Managers, Supervisors,
and Team Leaders to add to it Leadership Team.
If you are an energetic individual with two years or more of Pork
Production experience and experience in a successful leadership role,
you may qualify to join the Texas Farm Team.
Located in the Texas Panhandle, Texas Farm is the highest quality pork
production company in the region.
Texas Farm offers excellent employee and family benefits, and Perryton
is the best place in the Panhandles to live and raise a family.
Take advantage of this opportunity today, and join the strongest
Leadership Team in Pork Production.
Apply in person at 4200 South Main, Perryton, Texas 79070
Or contact Human Resources at (806)-435-5935
cbarrett@texasfarmpork.com
Texas Farm, helping feed the world!
|
|
|
advertisement
Ileitis immunity is as easy as turning on the water. Enterisol
Ileitis protects your pigs with long-lasting immunity. It’s there when
you need it and it takes the guesswork out of ileitis control. Now
that’s what we call a liquid asset. Call Boehringer Ingelheim at
1-800-325-9167.
 |
BLUEPRINT
advertisement
Suvaxyn® PCV2 is proven to be a safe and efficacious way
to control circovirus. And it controls viremia, too. Suvaxyn PCV2 also
provides what no other circovirus vaccine can: the option of one- or
two-dose regimen to meet the needs of your operation. Either way,
you’ll take more pork to market. As your Fort Dodge representative or
your animal health supplier about Suvaxyn PCV2.
 |
MAGAZINE HIGHLIGHTS
advertisement
Denagard® 10 plus CTC. The right choice at just the
right time.
 |
POSTERS
SUBSCRIBER TOOLS
advertisement
FOR ROBUST RESULTS, GO TO THE SOURCE.
Our breeding technology is delivering what your operation demands, high
production results across a wide range
of environmental conditions. Count on the industry leader. Go to the
trusted source.
 |
|
|
