The supply of pigs ready for slaughter is scarce and the market highly competitive.

At the beginning of the week, the local pigs-mature-for slaughter market in Germany is showing continued optimism. ISN reports that the tight cross-border supply has caused another increase in live pig prices in the European marketplace. Historically, Lean Hogs reached an all time high of 133.80 in July of 2014. AgView is a new US platform that identifies relevant pig movement data and diagnostic test results during an outbreak of…, A field trial evaluating iron supplementation for baby pigs found the typical 200 mg iron shot at birth is not enough.

HAMS Marketing Services says reduced US pork processing capacity due to COVID-19 has resulted in an unprecedented spread between the value of live hogs and the price of processed pork. HAMS Marketing Services says reduced US pork processing capacity due to COVID-19 has resulted in an unprecedented spread between the value of live hogs and the price of processed pork.

This is a good opportunity to favour fair slaughter companies in the delivery process and to punish unfair trading practices from the recent past. Ending Slaughter Pounds Weight Weight 11/07/20 2,713,000 586.4 291 216 10/31/20 2,683,000: 577.8 289: 215 2020 YTD: 111,041,000 23821.6: 2019 YTD 110,018,000: 23387.0 Simultaneously, German suppliers are making aggressive offers on the European meat market due to concerns over African swine fever (ASF) according to a report from Spain. roughly 25 to 30 percent of US slaughter capacity lost due to slowdowns or shutdowns of US processing plants.

1) corrected quotation: The official Quotations of the different countries are corrected, so that each quotation has the same base (conditions). T…, While China rebuilds its pork production capacity, the US pork sector must take steps to lessen the impact of lower trade flows in the future…, AgView is a new US platform that identifies relevant pig movement data and diagnostic test results during an outbreak of ASF or another FAD, While China rebuilds its pork production capacity, the US pork sector must take steps to lessen the impact of lower trade flows in the future. base: 57 percent lean-meat-percentage; farm-gate-price; 79 percent killing-out-percentage, without value-added-tax. Moderate price increases are being observed in Spain and France this week and UK prices saw only a small improvement of 2 cents. A price increase of 5 cents was observed in Germany, the Netherlands, Belgium and Austria reports ISN. Hence, given costs of production in the low to mid $60s, hog prices should be profitable, on average, throughout 2020, Franken explains. Read Jim Wyckoff's latest insights from the global hog market. © For ASF, Germany is the hot topic, but let's get a global ASF update from the US. Slow and steady progress for Latin American pig herd in 2020. Hog and pork prices have plunged since the release of data showing the biggest-ever U.S. pig herd and as the coronavirus outbreak keeps schools and restaurants closed. "Unfortunately, because of the way that the hogs are priced, we are seeing a direct influence of the US market and that direct impact of that capacity reduction. Since pig stocks in Germany have been declining for years, the competition among slaughter companies is high. Speaking to Farmscape, Tyler Fulton, the Director of Risk Management with HAMS Marketing Services, says, with roughly 25 to 30 percent of US slaughter capacity lost due to slowdowns or shutdowns of US processing plants, the capacity is so short we simply can't get all of the market hogs slaughtered and processed, resulting in a market failure. "I think that those companies are taking great measures to ensure that they are able to maintain some high levels of processing capacity. T…, While China rebuilds its pork production capacity, the US pork sector must take steps to lessen the impact of lower trade flows in the future…, AgView is a new US platform that identifies relevant pig movement data and diagnostic test results during an outbreak of ASF or another FAD, While China rebuilds its pork production capacity, the US pork sector must take steps to lessen the impact of lower trade flows in the future. ©2000 ‐ 2020 ‐ Global Ag Media. "Of course we know that the beef side is a very different situation but, especially in western Canada, there haven't been any of the major plants that have shut down as a result of the COVID crisis so that's a great positive thing. Conversion Lean Hog Price Price; 1 Pound ≈ 0,453 Kilograms Lean Hog Price Per 1 Kilogram … "Thankfully the Canadian market has not seen the same influence of COVID related shutdowns and slowdowns on the pork side," Fulton explains. Prices in Denmark remain stable and the country remains leader of the European price structure of the five biggest pig-producing EU countries.

ISN, AgView is a new US platform that identifies relevant pig movement data and diagnostic test results during an outbreak of…, A field trial evaluating iron supplementation for baby pigs found the typical 200 mg iron shot at birth is not enough.

ISN reports that the tight cross-border supply has caused another increase in live pig prices in the European marketplace. 3 Jun 2020. Canada's live hog prices suffering impacts of US pricing point. Read Jim Wyckoff's latest insights from the global hog market. He says, while profitability is very poor right now, we could be looking at some record prices but only if we start to see some significant increases in production capacity. 2) These quotations are based on the correction formulas applied since 01.08.2010. As the result of COVID-19 the price of live hogs has crashed while wholesale pork prices are skyrocketing. All Rights Reserved. Fulton says we have seen some significant improvement in the nearby forward contract prices and producers are starting to set some targets and even do some pricing. “These projections are based on a scenario where growth in domestic and ex-port pork demand more than offsets growth in U.S. hog production, as previously described,” Franken concludes. All Rights Reserved. Industry and legislation Market Trends Markets.

For ASF, Germany is the hot topic, but let's get a global ASF update from the US.

EU pig prices: live hog prices continue to rise. No part of this site may be reproduced without permission. "What's happening effectively is Canadian packers are paying based on a US pricing point and the US pricing point is significantly lower because of the lack of ability to slaughter the hogs.". No part of this site may be reproduced without permission. The German leading quotation is reported to have played an important role in the current price development on the European pigs-mature-for-slaughter market. ©2000 ‐ 2020 ‐ Global Ag Media. Lean Hogs decreased 6.73 USd/Lbs or 9.40% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.



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