>> Mobile Version    >> Web Version    >> Add to Safe Sender List From the editors of National Hog Farmer Magazine
National Hog Farmer Weekly Preview
June 29, 2009
 
In this issue:
  No Relief in Pig Crop Report
  Losses Continue to Mount
  Ag Agreement on Climate Change
  Pork Checkoff Requests Input On Crafting New Strategic Plan

MARKET PREVIEW
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

FINANCIAL PREVIEW
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

LEGISLATIVE PREVIEW
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

NEWS FLASH
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

PORK INDUSTRY CALENDAR
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

MORE EFFICIENT USE OF FEED
The volatility of feed prices in recent years has heightened producers' awareness of the need for continual improvement in the efficiency of feed use. Click here for the complete Blueprint archive.

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

This month's focus: Full-Value Pigs
The Right Diet At the Right Time
Diet formulation and feeding programs - traditionally formulated for group averages - short suits the lighter pigs and overfeeds the heavies.
Setting Pigs Up to Succeed
Investing in the first day of a pig's life can make a pivotal difference in its lifetime performance.
Goal: Producing More Quality Pigs
As average litter size continues to rise, extra effort must be focused on saving the best pigs.

advertisement
Denagard® 10 plus CTC. The right choice at just the right time.

 POSTERS

FREE SELECTION GUIDES AND MANAGEMENT POSTERS
National Hog Farmer offers 10 posters targeting key production areas, offering guidance in critical areas such as feet and leg soundness and reproduction traits soundness in replacement gilts. Others include pig anatomy, heat detection, sow condition, etc. All posters are in English. Select posters are translated to Spanish, Chinese and Japanese.

 SUBSCRIBER TOOLS

Change E-mail   Unsubscribe
     
Web Version   Archive
     
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.
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.

About This Newsletter