markets

Not As Good As Last Year

Pork Industry Economic OutlookShifting Protein Demand and Consumer Trends Dr. Steve Meyer, Paragon Economics, outlines the pork economic data and trends. Some of the key issues include shifts meat demand, expansion in all protein arenas, PEDv recovery is happening, and corn supply is vastly improved. Dr. Meyer concludes with some risks to monitor: Export disruption, weakening demand, and dietary guidelines being pressured to change.

More Corn, More Feed, Pork Prices Good

Dr. Steve Meyer - US Pork Industry Economic Situation and OutlookDollar Views On Pork Future Dr. Steve Meyer, Paragon Economics, points out that more corn and soybeans will have been raised in 2014 than ever before. This translates into lowest feed prices, the ethanol gravy train is over, and and high revenues for pork. Regardless of PEDv development, he expects rapid growth (3-4%) in 2015.

Dr. Steve Meyer - US Pork Industry Economic Situation and Outlook


US Pork Industry Economic Situation and Outlook - Dr. Steve Meyer, Paragon Economics, from the 2014 Boehringer Ingelheim North Carolina Swine Health Seminar, August 15, 2014, Wrightsville Beach, North Carolina, USA.

Are Your Ready On The Economic Front?

Markets, Economic Situation, and OutlookEconomic Theory in Practice Dr. Steve Meyer, Paragon Economics, bring out the state of economics and how it applies to pork production and the related ecosystem of inputs and outputs. Dr. Meyer's presentation contains depth for anyone needing the details, yet his presentation offers the highlights in usable chunks.

Dr. Steve Meyer - Markets, Economic Situation, and Outlook


Markets, Economic Situation, and Outlook - Dr. Steve Meyer, Paragon Economics, from the 2014 World Pork Expo, June 4 - 6, 2014, Des Moines, IA, USA.

Dr. Lee Schulz - Managing the Margin: Economic Outlook


Managing the Margin: Economic Outlook - Dr. Lee Schulz, Extension Livestock Economist, Iowa State University, from the 2014 Iowa Pork Congress, January 22-23, Des Moines, IA, USA.

Dr. Steve Meyer - Market Outlook for 2013 and Beyond


Market Outlook for 2013 and Beyond - Dr. Steve Meyer, President of Paragon Economics, from the 2013 Minnesota Pork Congress, January 16-17, Minneapolis, MN, USA.

China Weather and Impacts

China WeatherHot / Humid and the Price of Feed The Chinese farmers are aware of the US drought conditions and had lots of questions on how bad it might be and where it drought is occurring in the United States. Corn prices in China (Shandong province, China) are about $10.50 and soybean meal (SBM) prices are around $540/ton. Pigs are at break-even levels for the year or even less for some. Excellent producers are now making less than $15/head. It is possible that corn in China will go to $15/bushel this next year and SBM to $600/ton.

Much of the poultry industry is failing and falling fast. Most of the feed companies are not making money this year at best and losing a load at worst! The weather has been mild in their eyes, but I find that heat and humidity are pretty much like the worst in the Midwest. Corn looks real good and everything is green! They use irrigation and can do that with individual water hoses that are dragged from row to row by the owners. This is best described by a clear plastic tube that looks to be about 2 ½ inches and pretty light plastic (we ran over one on the driveway and it started a nice water shooting display) [Editor note: text Jim Lease, JBS United].

Dr. Steve Meyer - Economic Grain Situation and Outlook


Economic Grain Situation and Outlook - Dr. Steve Meyer, Paragon Economics, from the 2012 World Pork Expo, June 6-8, Des Moines, Iowa, USA.

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