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Archive for March, 2015

United States inventory of all hogs and pigs on March 1, 2015 was 65.9 million head. This was up 7 percent from
March 1, 2014, but down slightly from December 1, 2014. Breeding inventory, at 5.98 million head, was up 2 percent from last year, and up 1 percent from the previous quarter. Market hog inventory, at 60.0 million head, was up 8 percent from last year, but down slightly from last quarter.

For the complete report go to
http://usda.mannlib.cornell.edu/usda/current/HogsPigs/HogsPigs-03-27-2015.pdf

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Conservationist of the Year  2015

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A job posting for a Swine Specialist has been posted at www.ontario.ca/careers.

“By leading Ontario’s technology transfer of new and existing practices, products, technology and research related to the swine sector, you can be a part of ensuring a competitive and environmentally responsible agri-food sector in Ontario.

If you have the interest and abilities to fill this important and key role, please consider the Swine Specialist position with the Ministry of Agriculture, Food and Rural Affairs.”

Search Job ID: 75840 or follow this link.

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The Canada-Ontario Job Grant program provides an opportunity for employers to invest in their workforce.

The Job Grant will provide direct financial support to individual employers who wish to purchase training for their employees. It will be available to small, medium and large businesses with a plan to deliver short-term training to existing and new employees.

If you’re an employer with a particular skills demand, the Canada-Ontario Job Grant might be right for you. Applications will be accepted on an ongoing basis.

Questions and Answers for Employers

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London Swine Conference 2015 is shaping up to be one the best ever. See the full program at

www.londonswineconference.ca

email promo 1

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Visit the OMAFRA website for the February Swine Budget.

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The following is an article posted on Farmscape.com

Hog Producers Advised to Protect Themselves by Forward Pricing

Tyler Fulton – h@ms Marketing Services

Farmscape for March 6, 2015

The director of Risk Management with h@ms Marketing Services is advising pork producers to protect themselves from anticipated drops in the value of live hogs by forward pricing a portion of their production.
A combination of higher U.S. slaughter numbers and lower than expected losses from PED has resulted in a steady decline in live hog prices since they reached record levels last August.
Tyler Fulton, the director of risk management with h@ms Marketing Services, says, the impact of PED on the hog supply has been much more moderate this winter than in the winters of 2013 and 2014.

Clip-Tyler Fulton-h@ms Marketing Services:
I think producers should really be considering taking some price protection right straight through the summer time frame but in particular probably focus more on the fall and early winter months.
Right now those prices represent quite reasonable value.
They’re running at a fairly average level, an average discount to what the summer highs are currently offered at but yet we have a lot of fundamentals that could really put a lot of price pressure in those back time frames.
So relative to the potential of significant drops in prices for the third and fourth quarter, I think forward prices that are offered right now are generally pretty good value.
As far as the summer months go I think we’re going to continue to see a really choppy market, really volatile, really no obvious kind of seasonal moves.
We’ll just see higher and lower, big price swings from one week to the next, and so consequently, I think it does make some sense to price a portion of their summer production as well.

Fulton says the USDA’s March Hogs and Pigs report will provide some insight as to how significantly the U.S. herd has grown and an indication of where we can expect prices to be moving forward.
For Farmscape.Ca, I’m Bruce Cochrane.

       *Farmscape is a presentation of Sask Pork and Manitoba Pork Council

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