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Pig outlook—March 19: Lean hog futures trading turns choppy, sideways

The lean hog futures market the past two weeks has seen choppy and sideways trading action. Some mild technical selling pressure has occurred this week after prices Monday challenged stiff overhead resistance but could not push above it. Also weighing on futures prices at mid-week is news last week’s hog slaughter levels broke a string of year-to-year reductions that began in late January, as last week’s preliminary kill total was up about 2.4% from year-ago. Limiting selling interest in futures this week is news the National Pork Producers Council said all 300-plus U.S. pork harvesting and cold storage facilities have successfully renewed their registrations to export to China. This five-year renewal ensures continued market access to China for U.S. pork producers. The latest CME lean hog index is up 4 cents to $89.32 as of March 17, ending the string of recent losses.

Latest USDA and other news regarding the global pork industry

U.S. pork exports to China fully restored

The National Pork Producers Council (NPPC) announced that all 300+ U.S. pork harvesting and cold storage facilities have successfully renewed their registrations to export to China. This five-year renewal, achieved through negotiations by USDA and the U.S. Trade Representative, ensures continued market access for U.S. pork producers.

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Sorting Ewes & Rams | Breeding Time On The Farm!

Video: Sorting Ewes & Rams | Breeding Time On The Farm!

In this episode, we’re sorting ewes into their breeding groups and introducing them to unrelated rams. Moving rams between barns always comes with challenges, but once the boys meet their ewes, everyone was eager to settle in!

We also welcome back a returning customer who purchased a Suffolk ram from us last year. This season, she chose a Dorset cross ram, now named Benny, to strengthen her flock’s genetics. It’s always rewarding to see repeat customers who value the quality of our breeding stock.

Arnie then tours the crop fields as harvest season approaches. Despite drought conditions this summer, the crops are looking surprisingly good. We close the day with evening feedings and one last look at the rams with their new breeding groups.

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