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Seasonal Supply Lows Pressuring Spot Market Prices

Supplies are in line with the projections from the latest hog inventory data. Market participants seem surprised by the seasonal shortfall. Hog and pork prices are firm in the near term.

- Hog slaughter was under 2.3 million head for the 5th consecutive week. While supplies are in line with the projections from the latest hog inventory data, nonetheless market participants seem surprised by the seasonal shortfall. Hog and pork prices are firm in the near term.
­ Lower than expected pork prices in May and June appear to have bought some demand in July and... 

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Aug 4 8:00 AM, General News



Smithfield Foods to Close Vernon, CA Facility; Reduce Hog Production in Western Region

Smithfield Foods, Inc. today announced that it will cease all harvest and processing operations in Vernon, California in early 2023 and, at the same time, align its hog production system by reducing its sow herd in its Western region. The company will decrease its sow herd in Utah and is exploring strategic options to exit its farms in Arizona and CaliforniaSmithfield harvests only company-owned hogs in VernonSmithfield will service customers in California with its Farmer John brand and other brands and...

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Jun 13 6:56 AM, General News


Spot Market Hog Pandemic Program Eligibility Broadened

USDA’s Farm Service Agency (FSA) today announced it has modified the Spot Market Hog Pandemic Program (SMHPP) eligibility requirements to capture more hog sales. The program — announced last year — provides payments to pork producers who made spot market transactions between April 16 and Sept. 1, 2020.

The clarified eligibility requirements expand the agency’s interpretation of “spot market sales” and “sale to a packer” to better reflect the nontraditional types of transactions made during that period, including sales to dealers, cull markets, meat lockers, intermediaries and others.

“The changes to SMHPP..."

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Mar 18 8:29 AM, General News


REPORTER: Disease Issues, Higher Feed Costs Curb Hog Supplies 

This article was originally featured in the Fall 2021 Edition of Urner Barry's Reporter magazine.

While the world continues to strive towards “normalcy,” conditions for hog producers in the United States are anything but in 2021.

Starting in April last year, producers were plagued with an overwhelming bottleneck of hog supplies due to pandemic-induced processing slowdowns. Euthanasia of heavy hogs or piglets in addition to herd contraction efforts helped tighten front-end hog supplies heading into 2021.

Thinner slaughter supplies coincided with robust domestic and export demand for U.S. pork...

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Oct 12 8:56 AM, Urner Barry


NPPC Commends House Lawmakers For African Swine Fever Funding Request

The National Pork Producers Council commended seven House members for requesting funding to protect the U.S. swine herd from African swine fever (ASF).

In a letter, the lawmakers urged House Speaker Nancy Pelosi (D-CA) to prioritize funding for USDA’s Animal and Plant Health Inspection Service (APHIS) to address a potential outbreak in the United States of ASF, which recently was detected in the Dominican Republic, the first time in 40 years the disease has been in the Western Hemisphere. Funds are necessary “to ensure that pork producers in our districts and across the country do not suffer the severe consequences of a potential ASF outbreak in the United States...

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Sep 20 8:22 AM, General News







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