- news, features, articles and disease information for the swine industry


USA Hog Market Report

02 March 2017
Genesus - The first power in genetics

US - I don’t think I can recall this ever happening, but February hogs went off the board at $75 and change. Then, April became the lead month at a $5.00 discount, writes Allan Bentley.

June hogs are around $79 so it is a little tough to get excited about summer hog prices when they are only $4.00 higher than February.

We chewed through record numbers of hogs and moved cash higher at the same time, a fact that should not be ignored. When you can move a market higher with larger supplies at a time of year when prices usually move lower, that is very positive.

The saying “never stand in front of a fast moving train” comes to mind. Until the market shows otherwise, I would look for hog prices to push higher from these levels, as we move into lower hog slaughter numbers. On a short term, however I think that cash hogs will back up over the next two weeks.

Pork Cutouts

Cutout values dropped $4.00 in one day. Maybe this is “buy the rumor, sell the news” situation.

A couple of weeks ago, the headline read “We are running out of Bacon.” As I write this, bellies are down over $24 in one day. A 15 per cent drop in one day has also got to be a record (or darn close).

The latest article about bacon reads “Price plunge marks end of bacon boom!”

If I understand this correct, two weeks ago we were running out of bacon and today no one wants to eat it anymore. I think the term “fake news” has entered into the hog industry.

Everyone loves bacon and pork in general. Markets might turn lower short term, as I stated. But as we head into summer, I believe we will continue an overall higher price.

To find out more about Genesus Genetics, please take the time to visit their website at .

Top image via Shutterstock

Share This

News By

Related News

New Genesus corporate video

News from United States  25 September 2017

More News

Our Sponsors


Seasonal Picks

The Commuter Pig Keeper - 5m Books