Mobile Version   Web Version   Add to Safe Sender List   Renew your Subscription to National Hog Farmer From the editors of National Hog Farmer Magazine
National Hog Farmer Weekly Preview
February 21, 2011
 
In this issue:
  U.S., Canadian Herds have Stabilized
  Are Pork Producers Making a Lot of Money?
  Direct Payment Cuts Proposed in FY '12 Budget
  Market Development Program Funding at Risk

MARKET PREVIEW
U.S., Canadian Herds have Stabilized
Last week’s hog report from Statistics Canada indicated that the decline in the Canadian breeding herd may finally be ending.

As of Jan. 1, Canada’s breeding herd numbered 1.314 million head (Figure 1). That is still smaller than one year ago by 1.4% (Figure 2), but is slightly larger than the Oct. 1 inventory of 1.307 million head.

FULL ARTICLE

FINANCIAL PREVIEW
Are Pork Producers Making a Lot of Money?
This is the question I was asked over the weekend by a person that is not familiar with our industry. I was running next to him on a treadmill, trying to pound out some miles and longing for the days of being able to run outside after a long Minnesota winter. I looked at him and said, “No, actually, the last 2-3 months the average producer probably lost some money and, maybe, at best broke even.”

FULL ARTICLE

LEGISLATIVE PREVIEW
Direct Payment Cuts Proposed in FY '12 Budget
President Barack Obama sent to Congress his proposed $3.7 trillion budget for fiscal year 2012. The administration estimates that the proposal will result in a $1.1 trillion deficit for FY ’12, compared to an estimated deficit of $1.6 billion for FY 2011. The administration is proposing to freeze non-defense discretionary funds for five years. USDA’s proposed budget is $144 billion, which includes $116 billion in mandatory expenditures and $23.9 billion in discretionary spending. Discretionary spending is reduced by 7% compared to FY ’11. The administration is proposing a reduction in direct payments and tightening eligibility for direct payments and price supports. In addition, the administration proposed lowering the maximum annual direct payment to $30,000 from the current $40,000. The budget also proposes a three-year, phased reduction in annual gross income (AGI) eligibility limits from the current $500,000 of non-farm AGI to $250,000, and the farm AGI limit for eligibility for direct payments would be reduced from the current $750,000 to $500,000. These items were proposed by the administration last year. Other items in the budget include:

FULL ARTICLE

NEWS FLASH
Market Development Program Funding at Risk
Representative Scott Garrett (R-NJ) recently introduced an amendment to eliminate funding for the Market Access Program (MAP) in the FY 2011 budget’s Continuing Resolution, which is currently being deliberated on the floor of the House of Representatives, according to a recent edition of the U.S. Grains Council’s (USGC) Global Update. Elimination of MAP funding was called for by the Simpson/Bowles Deficit Reduction Commission and the Republican Study Committee comprised of 175 House Republicans.

“As Congress continues its fiscal policy debate, the threat to both MAP and Foreign Market Development (FMD) and the future of the U.S. Grains Council has never been more real,” explains the Global Update article. MAP and FMD program funds are used to leverage USGC resources for international market development.

FULL ARTICLE

PORK INDUSTRY CALENDAR
Feb. 22 and March 1: Employee Management Workshop for Agricultural Operations (three-part workshop), Northwestern Iowa Community College Sheldon, IA; for more information contact: Russ Euken, extension livestock specialist, by phone (641) 923-2856 or e-mail reuken@iastate.edu or Mark Storlie, swine field specialist, by phone (563) 425-3331 or e-mail mstorlie@iastate.edu.

Feb. 23, 2011: Nebraska Pork Industry Day and Expo, Cornhusker Marriott Hotel Lincoln, NE; for more information contact: Nebraska Pork Producers Association at (888) 627-7675.



Feb. 24, 2011: Michigan Professional Pork Producers Symposium, The Lansing Center, Michigan State University; Lansing. For more information contact: Mary Kelpinski at the Michigan Pork Producers Association at (517) 699-2145 or kelpinski@mipork.org or visit www.mipork.org.



advertisement
The Strategic Investment Program (SIP) is the primary source of funds for the National Pork Producers Council. As an investor, you will help NPPC fight for reasonable legislation and regulation, develop revenue and market opportunities and protect livelihoods. SIP investors have a voice in NPPC policy development. Learn more.


 BLUEPRINT

The October 15 Blueprint edition of National Hog Farmer provides guidelines for building a sound replacement gilt program, including nutritional considerations to maximize genetic potential and the importance of an effective herd health management program. In addition, the issue offers a special section on screening replacement gilt candidates for skeletal and reproductive soundness. http://www.nationalhogfarmer.com.

advertisement
WEAN TO FINISH MATS
AS LOW AS $5.34
WWW.COMPOSTAMAT.COM

\

 MAGAZINE HIGHLIGHTS

The January 15 edition of National Hog Farmer features an exclusive report from the largest livestock trade show in the European Union – EuroTier 2010 – staged in Hanover, Germany late last year. The special report includes a closer look at loose sow housing options, a profile of the German equipment and technology test center, plus a glimpse of some unique, energy saving features in a 1,000-sow, farrow-to-wean operation. Go to http://www.nationalhogfarmer.com to view the issue.

advertisement

 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
advertisement

About This Newsletter