Pig outlook: ??Lean hog futures hit 5.5 month high driven by technical bulls

Oct 21, 2024

December lean hog futures this week pushed to a 5.5-month high as the bulls remain in firm technical command. This comes despite the CME cash hog index posting a new seasonal low. The latest CME lean hog index is down 23 cents to $83.85 as of Oct. 15. Hog traders this the fall and early winter pig crop and pork production is not going to be as large as originally expected. That has led traders to tightening up December futures to the cash index, implying that the seasonal weakness this year will not be as severe as seen in the cash market the past two years.

Latest USDA and other news regarding the global pork industry

U.S. Labor Dept. probes underage worker claims at Tyson plants in Arkansas

The U.S. Department of Labor is conducting an ongoing investigation into claims of underage workers at two Tyson Foods plants in Arkansas. This comes after court documents unsealed in the Western District of Arkansas revealed accusations of child labor violations at Tyson processing facilities.

Specific allegations. A teacher at a school near the Rogers, Arkansas plant reported that a 14-year-old student discussed working at the Tyson facility for the summer. For the Green Forest, Arkansas plant, a mother overheard children between 11-13 years old discussing working night shifts from 11 PM to 7-8 AM. Investigators observed "multiple individuals whose appearance and body language indicated were potentially minor employees below the age of 16" at both locations.

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Video: Assessing Welfare Resources During Late Finish - Dr. Anna Johnson & Emma Coursey

In this episode of The Swine Nutrition Blackbelt Podcast, Dr. Anna Johnson from Iowa State University and Emma Coursey from the University of Illinois discuss research evaluating welfare resources during the late finishing stage on commercial swine farms. They explain how feeder management, water use, space allocation, and pig health influence welfare outcomes and practical on-farm management. Listen now on all major platforms!

"Small resource issues can become larger welfare problems when multiple stressors interact across finishing barns."

Meet the guests: Dr. Anna Johnson / anna-johnson-05028a14 is the Morrill Professor of Animal Behavior and Welfare at Iowa State University. She earned her Ph.D. in Animal Sciences from Texas Tech University and completed her master's degree in Applied Animal Behaviour and Welfare at the University of Edinburgh. Her research focuses on practical solutions that improve farm animal welfare, including sow productive lifetime, animal-human interaction, environmental enrichment, and Precision Livestock Farming.

Emma Coursey / emma-coursey-183810241 is pursuing a Doctor of Veterinary Medicine degree at the University of Illinois College of Veterinary Medicine after earning a bachelor's degree in Animal Science from Iowa State University. Her academic interests include swine health, production, and animal welfare, with research experience evaluating welfare resources in commercial finishing pigs.