Category Archives: Livestock

Pork’s Boom and Bust Price Pattern

Markets can take your breath away and the hog market over the past year has left many breathless. A year-ago in March, the new PED virus was the talk in the livestock media. Baby pig death losses of nearly 100 percent were the reality for some herds. The disease was not well understood and was spreading rapidly. There was trade talk that death losses were so high that 20 percent of pork production could be lost in 2014. Unfortunately, in the early stages the pork industry had no way of measuring the national baby pig death losses. Fear set in among some pork buyers-"What if bacon was not available to put on fast food hamburgers, What if tasty BLT sandwiches have to become only LT sandwiches?" Hog and pork prices exploded to record highs with the national live price reaching $100 per hundredweight. Continue reading

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Beef Expansion Is Underway

The nation’s cattle producers are expanding the herd at a somewhat faster rate than had been anticipated. In the semi-annual update of cattle numbers, USDA said that the total number of cattle and calves had increased by somewhat more than one p… Continue reading

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Northeast China province reports outbreak of bird flu virus in poultry 9/02/2014

Northeast China province reports outbreak of bird flu virus in poultry farm – BBCMON ¬† 02-Sep-2014 01:52 ¬† Text of report in English by official Chinese news agency Xinhua (New China News Agency) ¬† Beijing, Sept. 1 (Xinhua) — Northeast … Continue reading

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DJ Pilgrim’s Pride Offers to Buy Hillshire — 2nd Update 5/27/14

DJ Pilgrim’s Pride Offers to Buy Hillshire — 2nd Update   By Ben Fox Rubin Pilgrim’s Pride Corp. unveiled an offer to acquire fellow food producer Hillshire Brands Co. for roughly $5.5 billion, complicating a planned deal between Hillshire and … Continue reading

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How Did Cattle Prices Get So High?

Where did the record cattle prices this year come from? That is a question almost all analysts and many cattle producers are asking. It was not so surprising to have record high cattle prices, but the real surprise was the lofty heights of those… Continue reading

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Pork: PEDv Losses Not As Large As Expected

The headline for the last USDA Hogs and Pigs report could have been: "PEDv Losses Not as Large as Expected." A week later, spring and summer lean futures are down nearly $10 per hundredweight, or about eight percent. Continue reading

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Hog Prices Take Off, Probably Due to PED-V

How large are the losses of baby pigs due to PED-V (Porcine Epidemic Diarrhea Virus) and how will the losses reduce slaughter supplies this spring and summer and for the rest of 2014? No one knows the correct answer, but lean hog futures market … Continue reading

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The Dairy Safety Net Debate Part III: The Compromise Dairy Safety Net Solution

In our previous farmdoc daily posts "The Dairy Safety Net Debate of 2013: Parts I and II", we offered an independent analysis of the dairy margin protection programs put forth and passed by the U.S. House of Representatives and the U.S. Senate. This research demonstrated that a safety net program encompassing both the milk price and the feed price in the form of an income-over-feed-cost margin would succeed in providing need financial relief to dairy farmers during times of low milk production margins. We also identified and discussed three significant issues: (i) adverse gaming, (ii) functional equity of dairy market stabilization, (iii) and the distribution of program benefits. Continue reading

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Daily Livestock Report For 2/6/2014: Deadline for CFTC rule comments is February 10 2/6/14

dlr 02-06-14

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Ukraine reports first case of African Swine Fever in a wild boar found near the Russian border 1/9/14

Subject: Ukraine reports first case of African Swine Fever in a wild boar found near the Russian border   Via UkrAgroConsult¬† (www. Blackseagrain.net)     Ukraine Reports First Case of African Swine Fever 09.01.2014 The country has reported its first … Continue reading

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