hog markets

In this episode of Feedstuffs Precision Pork, Mark Hulsebus, Swine Commercial Director at Cargill, offers some animal feed and hog market perspective. 

Feed costs appear to be moderating somewhat as harvest is in full swing across the Midwest, and lean hog prices are much stronger than they were this time a year ago. 

Hulsebus discusses the current demand picture for pork and how that's reflected in lean hog futures, and provides an outlook on  what the profit picture looks like over the next 12 months and where opportunities to lock in profits might exist.

These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s episode or want to discuss something not covered, feel free to ASK MARK at mark_hulsebus@cargill.com.

Also, click HERE to subscribe to the Cargill Pig Flash weekly eNewsletter.

Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and  www.NationalHogFarmer.com.

In this episode of Feedstuffs Precision Pork, Mark Hulsebus, Swine Commercial Director at Cargill, offers some animal feed and hog market perspective. The headwinds of inflation dramatically altered the opportunity to lock in profits in the pork sector over the course of the summer, and now the grain markets are in "wait and see" mode until getting some more empirical data from combines rolling across the Corn Belt. 

Hulsebus discusses the current demand picture for pork and what that's meant for lean hog futures, and provides an outlook on  what the profit picture looks like over the next 12 months and where opportunities to lock in profits might exist.

These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s episode or want to discuss something not covered, feel free to ASK MARK at mark_hulsebus@cargill.com.

Also, click HERE to subscribe to the Cargill Pig Flash weekly eNewsletter.

Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and  www.NationalHogFarmer.com.

In this episode of Feedstuffs Precision Pork, Mark Hulsebus, Swine Commercial Director at Cargill, offers some animal feed and hog market perspective. The headwinds of inflation dramatically altered the opportunity to lock in profits in the pork sector over the past 30 days. 

As consumers struggle with  higher costs in generally every sector, the question becomes how much higher meat prices are eroding demand for animal-derived proteins. Hot, dry weather across much of the Corn Belt also present some concerns with regard to producer profitability as a tighter grain supply come harvest would send prices higher and further escalate producer costs.

Finally, Hulsebus provides an update on lean hog values and explains what the profit picture looks like over the next 12 months and where opportunities to lock in profits might exist.

These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s episode or want to discuss something not covered, feel free to ASK MARK at mark_hulsebus@cargill.com.

Also, click HERE to subscribe to the Cargill Pig Flash weekly eNewsletter.

Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and  www.NationalHogFarmer.com.

Protein prices have increased rapidly in the past 24 months, amid the broader press of inflation. With inflation at its highest rate in more than 40 years, the question becomes how long beef, pork and poultry prices can remain at such elevated levels before demand erodes significantly.

David Williams is senior vice president of procurement and management at CTI Foods, based in Texas. In this episode, Williams discusses the current state of the animal protein markets, with an eye toward the implications of sustained food price inflation on demand, and how those same factors will influence the supply side of the equation over the next 12-to-24 months.

We also discuss the persistent drought in cattle country, and why he says most analysts are underestimating how much the cattle herd is shrinking as producers struggle in the absence of hay and pasture.

This episode is sponsored by United Animal Health, a leader in animal health and nutrition. You can learn more about United Animal Health and how they are working to advance animal science worldwide by visiting their website UnitedANH.com.

In this episode of Feedstuffs Precision Pork, Mark Hulsebus, Swine Commercial Director at Cargill, offers some animal feed and hog market perspective. Despite the headwinds of an inflationary environment the U.S. hasn't seen in more than 40 years, the opportunity to lock in profits in the pork sector looks relatively strong over the coming 12 months. 

Although consumers are struggling with  higher costs in generally every sector, they did not appear to turn away from meat purchases this summer, and that continued strong demand is a key part of the story. Exports also continue to outpace expectations.

Finally, Hulsebus provides an update on the outlook for swine production profitability given continued volatility in the markets, in the weather, and in the geopolitical realm. Surprisingly, the opportunity to lock in profit in some traditionally lean months is now on the table.

These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s episode or want to discuss something not covered, feel free to ASK MARK at mark_hulsebus@cargill.com.

Also, click HERE to subscribe to the Cargill Pig Flash weekly eNewsletter.

Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and  www.NationalHogFarmer.com.

In this episode of Feedstuffs Precision Pork, Mark Hulsebus, Swine Commercial Director at Cargill, offers some animal feed and hog market perspective. The corn market may have found a top in the first half of 2022, but the markets are wound tight enough that any weather disruptions this summer bear watching. 

Hulsebus also discusses the potential for food price inflation to temper meat demand heading into the heart of summer grilling season as consumers struggle with the higher cost of... everything.

Finally, Hulsebus provides an update on the outlook for swine production profitability given the ongoing uncertainty in Eastern Europe and how that has roiled the feed markets, and why the forward profit curve is telling producers to take advantage of opportunities now... because Q4 and Q1 of next year will likely bring red ink.

These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s episode or want to discuss something not covered, feel free to ASK MARK at mark_hulsebus@cargill.com.

Also, click HERE to subscribe to the Cargill Pig Flash weekly eNewsletter.

Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and  www.NationalHogFarmer.com.

In this episode of Feedstuffs Precision Pork, Mark Hulsebus, Swine Commercial Director at Cargill, offers some animal feed and hog market perspective. The corn market has taken a bit of a breather with the crop largely planted, but any weather disruptions this summer bear watching. The energy markets still dominate the discussion of fat availability for livestock feed.

Hulsebus also discusses the potential for food price inflation to temper meat demand heading into the heart of summer grilling season as consumers struggle with the higher cost of... everything.

Finally, Hulsebus provides an update on the outlook for swine production profitability given the ongoing uncertainty in Eastern Europe and how that has roiled the feed markets, and why the forward profit curve is telling producers to take advantage of opportunities now... because they may not be there in a few months.

These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s episode or want to discuss something not covered, feel free to ASK MARK at mark_hulsebus@cargill.com.

Also, click HERE to subscribe to the Cargill Pig Flash weekly eNewsletter.

Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and  www.NationalHogFarmer.com.

The upcoming World Pork Expo in Des Moines, Iowa, will be held June 8-10. It is where the hog industry annually gathers to learn, network and explore new ideas.

In this segment of Feedstuffs Precision Pork, we talk with Patrick Duerksen of Cargill Animal Nutrition about the plans that Cargill has for this year’s Expo.

In addition to having its experts on hand in its booth and hospitality tent to explore such things as producer profitability, feed ordering and the Agriness tool, Cargill will be hosting two seminars for attendees on Wednesday. The first will be from 1 pm to 2 pm on sustainability and the second will be from 2:30 pm to 3:30 pm on planning for fall. Take a listen for all the details.

These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s episode or want to discuss something not covered, feel free to ASK MARK at mark_hulsebus@cargill.com.

Also, click HERE to subscribe to the Cargill Pig Flash weekly eNewsletter.

Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and  www.NationalHogFarmer.com.

In this episode of Feedstuffs Precision Pork, Mark Hulsebus, Swine Commercial Director at Cargill, offers some animal feed and hog market perspective, with an eye toward the latest Hogs & Pigs and Planting Intentions reports from the U.S. Department of Agriculture. Hulsebus also discusses the effect that rising fuel costs continue to have on the availability and price of DDGS and liquid fats in swine rations.

Finally, Hulsebus provides an update on the outlook for swine production profitability given the uncertainty in Eastern Europe and how that has roiled the feed markets.

These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s episode or want to discuss something not covered, feel free to ASK MARK at mark_hulsebus@cargill.com

Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and  www.NationalHogFarmer.com.

In this episode of Feedstuffs Precision Pork, Dave Bauer, senior market analyst for Cargill, offers some hog market perspective and market highlights for the week as well as provides things to think about in the week ahead.

These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s recap or want to discuss something not covered, feel free to ASK DAVE at David_Bauer@cargill.com

Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and  www.NationalHogFarmer.com

In this episode of Feedstuffs Precision Pork, Dave Bauer, senior market analyst for Cargill, offers some hog market perspective and market highlights for the week as well as provides things to think about in the week ahead.

The markets saw a slight bounce off of the previous week.

Across much of the Midwest, harvest has begun but probably best not to rush, says Bauer, given that ports are still backlogged and facilities on the mend for Hurricane Ida. 

These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s recap or want to discuss something not covered, feel free to ASK DAVE at David_Bauer@cargill.com

Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and www.NationalHogFarmer.com

In this episode of Feedstuffs Precision Pork, Dave Bauer, senior market analyst for Provimi, offers some hog market perspective and market highlights for the week as well as provides things to think about in the week ahead.

These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s recap or want to discuss something not covered, feel free to ASK DAVE at David_Bauer@cargill.com

Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and www.NationalHogFarmer.com

In this episode of Feedstuffs Precision Pork, Dave Bauer, senior market analyst for Provimi, offers some hog market perspective and market highlights for the week as well as provides things to think about in the week ahead.

USDA may have reported corn yields would drop 5 bu./acre this season but how likely is that really? Bauer shares his thoughts. What about beans? He digs into that too.

Pork exports were down from the week prior and for the four-week average. Profitability on hogs is heading downward, with breakeven expected in December to January period before regaining some strength thereafter. 

These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s recap or want to discuss something not covered, feel free to ASK DAVE at David_Bauer@cargill.com

Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and www.NationalHogFarmer.com

In this episode of Feedstuffs Precision Pork, Dave Bauer, senior market analyst for Provimi, offers some hog market perspective and market highlights for the week as well as provides things to think in the week ahead.

This week there was finally some relaxing of the market’s wild ride but Bauer isn’t so sure it’s going to hold. He explains. 

Exports were disappointing for the week. Mexico led all buyers. What’s the trend there?

These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s recap or want to discuss something not covered, feel free to ASK DAVE at David_Bauer@cargill.com

Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and www.NationalHogFarmer.com

The only constant is change in the pork industry. From feed costs to shifts in global and domestic demand, the profitability picture has been a bit unclear so far in 2021. Will that improve going into the summer months? What does the opportunity look like for those pigs headed to market soon, and those marketed for the summer? In this special report of Feedstuffs Precision Pork, we talk to the team at Provimi for more insights. As they put it, now is the time to ensure you’re not tripping over dollars to chase pennies per head. 

Joining us from Provimi are Dave Bauer, market analyst and swine nutritionists Dr. Chris Parks and Dr. Qingyun “Q” Li.

Take a listen. As they tell us, don’t overlook smaller opportunities because you’re looking long-term. Being nimble, it can add up.

Winter Storm Uri, the latest in a series of winter storms this month, pummeled much of the Heartland, from deep into Texas on through the High Plains and across the Midwest. According to the National Oceanic and Atmospheric Administration, more than 73% of the Lower 48 states was covered in snow by Wednesday — the largest snowcover for a single day since NOAA began tracking this data in 2003.

With extreme cold temperatures lasting far longer than normal in several regions affected by the storm, the implications for livestock producers and marketers are significant. During a Feedstuffs 365 live panel this week, Dennis Smith with Archer Financial predicted that cattle slaughter will likely drop 40,000 head this week due to the situation. 

Although most of the issues with plant shutdowns are happening in Texas due to the significant strain placed on the state’s electric grid, plants in Kansas were also being idled, shut down, or slowed.

In this episode we talk with Oklahoma State University agricultural economist Derrell Peel, who was – in his words – hunkered down due to the storm during our conversation. He provides some insights into what cattle and hog producers are up against, and what it might mean for cattle and hog slaughter, as well as how the extreme weather might affect consumer meat demand in the coming days.

RELATED STORY: Winter Storm Uri batters agriculture supply chain

In this episode of Feedstuffs Precision Pork, Dave Bauer, senior market analyst for Provimi, offers some hog market perspective and market highlights for the week as well as provides things to think about as we enter the new year.

Does the Earth feel like it just may be tipping a bit? Well it just may be says Bauer because of a large migration happening on the opposite side of the world. Starting today and through the 17th of the month, the Chinese people are celebrating the year of the ox and it is historically when 1.4 billion people travel home and spend time with family. That also means news out of China will be at a stand still until everyone returns to work in a couple of weeks. For global markets that means essentially a standstill until the Chinese return to back to work. What might this mean for the hog industry? What too is going on with rogue virus strains of African swine fever in the Chinese market? Bauer shares his insight.

These are uncertain times and it will pay dividends to be well-prepared. If you have questions on this week’s recap or want to discuss something not covered, feel free to ASK DAVE at David_Bauer@cargill.com. Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and www.NationalHogFarmer.com

In this episode of Feedstuffs Precision Pork, Dave Bauer, senior market analyst for Provimi, offers some hog market perspective and market highlights for the week as well as provides things to think about as we enter the new year.

As that iconic song goes: you have to know when to hold ‘em, know when to fold ‘em, know when to walk away and know when to run. Bauer explains there is a group of producers in China right now running away from the hand they have been dealt. Last week 17% of market hogs in China weighed in at about 198 lb. Normal weights have been 286 lb., which means they are leaving 88 lb. of opportunity on that train bound for nowhere. That’s a lost opportunity of $200 per pig.

An indication that the disease pressure in China is severe right now? Or perhaps pressure from the media’s disclosure of illegal vaccine use? Bauer provides his thoughts.

These are uncertain times and it will pay dividends to be well-prepared. If you have questions on this week’s recap or want to discuss something not covered, feel free to ASK DAVE at David_Bauer@cargill.com. Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and www.NationalHogFarmer.com

In this episode of Feedstuffs Precision Pork, Dave Bauer, senior market analyst for Provimi, offers some hog market perspective and market highlights for the week as well as provides things to think about as we prepare for a new year.

There still a large book of 2020 purchases to be shipped to China but those will likely be rolled into the new year rather than canceled, say Bauer. There was a speed bump on the slaughter side of things this past week as the Columbus Junction pork plant ran into some mechanical issues and diverted hogs to other plants. What has that done to slaughter numbers and what’s been the market impact? What will the upcoming holidays mean for weekly totals? Take a listen.

These are uncertain times and it will pay dividends to be well-prepared. If you have questions on this week’s recap or want to discuss something not covered, feel free to ASK DAVE at David_Bauer@cargill.com. Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and www.NationalHogFarmer.com

David Bauer, senior market analyst with Provimi says don't look now, but since the $47.87 low on July 31, October hog futures have rallied more than $11, or 25% in the past 24 sessions. Thursday's high of $59.40 is the highest high since May 5. Per his quote system, the 33,000 contracts traded on Thursday were a life-of-contract high volume trade. 

In this episode of Feedstuffs Precision Pork, Bauer also talks trade and China. How do we correct a shortfall and purchases that made in a trade agreement? Well, we put on our buying shoes and get to work, he says. 

Unfortunately, this week's U.S. monthly pork export report put July's pork sales to China at the lowest total for any month of 2020 thus far. But year to date, U.S. pork muscle cut exports to China of 261 metric tons over last year and 27% over that of 2018 year to date. The price of pork in China in the last week of August climbed to the highest price so far in 2020, yet was still 5% below the record in the last week of October in the fall of 2019. What’s ahead for China and trade overall? Bauer shares his thoughts. 

As Bauer points out, these are uncertain times and it will pay dividends to be well-prepared. If you have questions on this week’s recap or want to discuss something not covered, feel free to ASK DAVE at David_Bauer@cargill.com. Plan today for tomorrow’s success.

Follow Feedstuffs Precision Pork on your favorite podcast platform or find it on www.Feedstuffs.com and www.NationalHogFarmer.com