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: Evidence-Based PRRS Elimination Methods - Dr. Brent Pepin

In this episode of The Swine it Podcast Show, Dr. Brent Pepin, Director of Swine Health at the National Pork Board, explains how a systematic review of porcine reproductive and respiratory syndrome virus elimination methods is helping shape future herd health strategies. He discusses evidence-based farm and regional approaches, research gaps, and practical guidance to support informed decision-making across the swine industry. Listen now on all major platforms!

Click here to learn more: https://porkcheckoff.org/research/sys...

"Disease status sharing gives producers the opportunity to make real-time decisions that reduce PRRS prevalence and protect regions from new exposure."

Meet the guest: Dr. Brent Pepin / brent-pepin-dvm-ms-7988066b is Director of Swine Health at the National Pork Board. After earning his DVM and M.S. from Iowa State University, he built extensive experience in swine veterinary practice, research, and herd health management. His current work focuses on disease control, traceability, and improving herd health across the U.S. swine industry. Listen to Brent Pepin on The Swine it Podcast Show, available on all major platforms.