USA Market Report
I don’t think I can recall this ever happening, but February hogs went off the board at $75?and change. Then, April became the lead month at a $5.00 discount.?
June hogs are around $79 so it is a little tough to get excited about summer hog prices when they are only $4.00 higher than February.
We chewed through record numbers of hogs and moved cash higher at the same time, a fact that should not be ignored. When you can move a market higher with larger supplies at a time of year when prices usually move lower, that is very positive.
The saying “never stand in front of a fast moving train” comes to mind. Until the market shows otherwise, I would look for hog prices to push higher from these levels, as we move into lower hog slaughter numbers. On a short term, however I think that cash hogs will back up over the next two weeks.
Cutout values dropped $4.00 in one day. Maybe this is “buy the rumor, sell the news” situation.
A couple of weeks ago, the headline read “We are running out of Bacon.” As I write this, bellies are down over $24 in one day. A 15% drop in one day has also got to be a record (or darn close).
The latest article about bacon reads?“Price plunge marks end of bacon boom!”
If I understand this correct, two weeks ago we were running out of bacon and today no one wants to eat it anymore. I think the term “fake news” has entered into the hog industry.
Everyone loves bacon and pork in general. Markets might turn lower short term, as I stated. But as we head into summer, I believe we will continue an overall higher price.
Rosedale 团队开启了Baker Colony 猪场项目
Rosedale Team Launches Baker Colony
Baker殖民地是来自罗斯代尔殖民地的一个新项目，位于阿尔巴塔省Etzikom。殖民地位于Foremost东南部，是一块农业非常发达的地区。Baker 殖民地管理团队的成员有John Waldner、George Waldner和Joseph Hofer。猪部门将由Ed Hofer和Ken Waldner管理。
Baker Colony is the new project from Rosedale Colony, based in Etzikom, Alberta. The colony is situated southeast of Foremost, a thriving agricultural area. The management team of Baker Colony consists of John Waldner, George Waldner, and Joseph Hofer. The swine unit will be managed by Ed Hofer and Ken Waldner.
殖民地内种植着适合在该地区种植的普通大颗粒粮食，以及一些可轮作的特色作物。Baker也设置了一个新的露天生产流水作业区。新的猪部门占地122,000平方英尺，蓄养着600头母猪和小猪。参与Baker殖民地建设的公司有Big Dutchman、Mandel Enviro-Metal Solutions、Maverick Concrete以及Nor-Ag。殖民地在二月建设了一座大楼，约800可进入该大楼参观最新技术和设计，包括来自伯塔省、萨斯喀彻温省和蒙大拿的游客。
The colony grows regular large grains that suit the area, as well as specialty crops to maintain a good rotation. Baker also has a new 30,000 layer free run operation in production. The new swine unit is a 122,000 square feet facility that will house 600 sow farrow to finish. Companies involved in the construction of Baker Colony include Big Dutchman, Mandel Enviro-Metal Solutions, Maverick Concrete, and Nor-Ag. The colony held an open house in February, which approximately 800 people attended to see the latest technologies and designs, including visitors from Alberta, Saskatchewan, and Montana.
Baker Colony’s barn will be filled with Genesus breeding stock in early March. When asked why Genesus was chosen for this project, management replied that their past relationship with Genesus has been second to none. On their other farm of Rosedale, Genesus animals have proven over time to be the most reliable, hard-working, easy to manage, and hardy animal, with PSY over 31 . In addition, the finished carcass from a Genesus Duroc is of excellent quality, which is required when shipping to Maple Leaf.
Genesus would like to congratulate the entire Baker Colony team on the successful launch of their new project.