Hog Market Talk: Recent Episodes
Professional Ag Marketing
Come here to get fresh updates on whats happening week to week within the lean hog complex. Topics include current fundamentals and long term risk management strategies.
The futures march on for most ag commodities. Storms, both political and literal have sent shock waves across the markets. Listen in on this weeks podcast with Luke and Mike.
This week Luke and Mike discuss the recent adjustment up front in the hog market. The FED cut rates today by 50 basis points. Listen in to what that means for exports.
Not much for news fundamentally but the hog market continues to move. After breaking above $74 December hogs have corrected lower. Listen in to Jeff and Mike on this weeks hog market talk podcast.
Its a big week for the hog industry following up a long weekend with good demand. Listen to Pats take on the hog market along with Mikes recap on the grain markets.
Jeff and Mike discuss the rally in the hog market. What do technicals look like and fundamentals internal and external? Find out all right here on this weeks Hog market.
This week Luke and Mike discuss the hog markets rally and failure to push past resistance levels. Listen in on their thoughts halfway through this week. Catch us at Dakota Fest this week.
This week Luke and Mike discuss the WASDE report and how inputs look for hog producers. Listen in to his focus on shifting to offense in marketing strategies.
Jeff and Mike discuss the hog market at the start of August. October futures are a major talking point for this weeks podcast.
The corn market is failing to find support. Take a look at our hog margin spreadsheet on our website. Catch Jeff and Mike discussing some fundamentals this week on the hog market talk podcast.
December hog futures close above $70 for the first time since June 21st. Listen in to Luke and Mike discuss the rally on this weeks hog market talk podcast.
This week Mike Fitzgerald informs us on the Derecho throughout eastern Iowa and Northwest Illinois. He also gives an update on hog fundamentals.
Luke and Mike update us on what is moving the grain markets along with an update after NPIC.
After a good cash run the cutout needs to keep up. This summer we still lack that spark in the front end fundamentals. Listen in to Luke and Mike discuss the hog and grain markets before the holiday.
Glass half full on the hog market. Hog market is still lacking that spark in the front end. Posted for June 26th.
This week Jeff and Mike discuss the large kills, lower weights, and the cash market woes. Listen in on a hog market talk update before the midweek holiday.
The hog market closed the day on a positive note. Listen in to Luke and Mike discuss hog market fundamentals this week. Luke also provides a recap on the World Pork Expo last week.
July 2024 hog futures have sold off $17 since April 24th. The 2 questions are why did this happen and is it done going down? Listen in to Mike Fitzgerald and Mike Minor to discuss todays most asked questions.
Pat and Mike discuss the long holiday weekend with follow up buying. Listen in to see how Pat thinks the early summer buying is going.
Pat and Mike discuss the grain market positioning ahead of the weather season. The hog market update by Pat this week focuses on a broad overview connecting the futures to fundamentals. Listen in to hear how Pat thinks the futures have corrected themselves closer to the fundamentals.
The hog market has trended sideways for the last 10 days. Listen in to Luke and Mike discuss what is brewing in this hog market. WASDE, cutout, holidays, catch it all this week.
Luke and Mike discuss the hog market. Listen in to hear their thoughts for the month of May.
Jeff and Mike discuss the Index, record long position, and a risk off stance from traders.
Jeff and Mike discuss the cutout drop after bellies took a hit. Listen in to Jeff's outlook along with an index update.
The market fell apart after putting in new highs last week. Listen in to Mike and Jeff discuss the hog market this week.
The cutout has pushed above $100 and stayed there for 3 days. Yesterday the market corrected lower with June closing over $3 lower on the day. Listen to Luke and Mike discuss the hog market.
This week Jeff and Mike discuss the hog markets optimistic trade after the H&P report. Lets talk about cutout.
This week Luke and Mike discuss the soybean close, FED, and the uptrend in the hog market.
Supply tends to dominate our podcast talk. Listen in to what demand has done for the hog market this winter.
This week Jeff and Mike discuss the hog market rally year to date and where the money has come from. Listen in to what has stopped the music this week.
This week Pat and Mike discuss the hog market fundamentals. The demand story has to be told. Listen in to Pat discuss the changing dynamics in todays hog market.
This week Luke and Mike discuss a hog market with good fundamentals appearing under it. Listen in to some margin opportunities for this summer.
Today the hog market rallied and the grain markets pulled back hard. Pat and Mike discuss the ins and outs of this weeks market moving topics.
Luke and Mike discuss a hog market that found fund money flow recently. Luke shares his thoughts about the futures market holding near some key support levels. The market will now look at product values for market direction. Find us next week at the MN show!
Jeff and Mike discuss the packer needs currently along with some record setting futures months. A good news podcast this week.
The grain markets hit an icy patch on the highway this week. Meanwhile, the protein sector is enjoying some good demand. Listen in on Mike and Luke Wells discuss the market movers this week.
This week Jeff and Mike discussed the September WASDE report along with the potential for this hog market rally. WASDE, cutout, and December futures were at the top of the list this week.
This week Luke and Mike discuss the grain markets reaction to the recent heat wave. Luke wraps up the podcast talking about hog fundamentals and the struggles currently.
The hog market finished on a strong note today. Listen in to Mike and Jeff on their reaction to green hog prices along with a conversation on open interest in the corn market.
This week Mike and Luke discuss the corn finding support near old lows. Hog producer margins are struggling. Listen in the Lukes take on fundamentals in the hog market this week and what he sees further out.
This week Pat and Mike discuss the broad range of fundamentals impacting the hog market. Supply and demand breakdowns on the current influences on production. Also a future outlook into trade and margins. Listen in!
It was a risk off day in commodities. Listen in to Jordan and Mike on this weeks podcast. They discuss the influences on grain prices including weather, yield potential, and demand. For hog fundamentals they talk about todays setback in cash and cutout.
A lack of fresh news out of the Russia-Ukraine war puts the grain markets under pressure. Luke and Mike also discuss the strong nearby fundamentals but lean hog futures stay defensive in the forward curve.
The grain markets have been on a tear rallying significantly with Russia and weather on the mind. Pat and Mike discuss this along with the pork market and cutout values.
This week Mike and Jeff talk about the hog market setback along with todays WASDE reaction.
Independence Day is now behind us along with some large reports. The acreage report shook the grain markets last week along with a Hogs and Pigs report. Listen in to Luke and Mike discuss the market reaction and what to look for ahead.
This week Mike and Pat discuss various situations unfolding in the markets. The first segment they go over the setback in the corn market. In the second segment they go over hog fundamentals, Prop 12, and the h&p report coming out tomorrow. Listen in.
The grain markets are getting fired up with conditions in the east worsening. The hog market has put on a nice rally as well. Listen in to hear Luke and Mike discuss the recent rallies in our Ag markets.
This week Pat and Mike discuss the corn weather market. They also talked about the hog markets recovery.
This week Pro Ag took on the World Pork Expo. During the event our very own Luke Wells interviewed Bryan Humphreys the CEO of the National Pork Producers Council (NPPC). Listen in to hear about the status of exports, prop 12, and many other issues in the pork industry from the man responsible for implementing the NPPC’s overall operations and programs.
This week Jeff and Mike discuss the recovering hog market. Prop 12, cutout, weights, sow liquidation, and much more.
Listen in to Luke and Mike discuss the first weather rally in the grain market of the year. For the hog market Luke discusses the liquidation of breeding stock, prop 12, and the current hog industry.
This week Mike and Jeff discuss Prop 12. The grain markets are struggling to find support. Listen in to hear their outlook.
Pat and Mike discuss the CPI report this week and a macro economic picture. The hog market is approaching an important summer timeframe. Listen in to hear Pats hog market outlook.
Stocks dipped Wednesday after the Federal Reserve raised rates by 25 basis points, as was widely expected. The central bank also signaled it could pause rate hikes through a change in its statement. The hog market has had more downs than ups lately. Listen in to hear Luke talk about them this week.
Mike and Mike have at it this week on corn fund positioning for the grain market update. For the hog market Mike Fitzgerald discusses the cash market, slaughter, weights and cutout.
The market is anxiously waiting for a rally in pork cutout. From a seasonal timeframe we should start to see one. Beef is expensive and pork is ready for the taking. Listen in to hear what Pat and Mike have to say about the hog and grain markets this week.
This week Luke and Mike discuss the fresh WASDE report from the USDA. The hog market is still under pressure. Listen in to see what they think about current market fundamentals.
Jeff and Mike discuss last weeks Hogs and Pigs report. The recent outside market influence has been the talk in the commodity space. Listen in to hear what they have to say about current market positioning.
Luke and Mike discuss the key upcoming reports. The Hogs and Pigs report and the Prospective Plantings reports are highly anticipated and will be market movers for the hog and grain markets. Listen in for that along with some chatter on fundamentals.
Pat and Lucas discuss the Fed Rate announcement and what is keeping the hog market down.
It has been a risk off week for the commodity markets. Listen in to hear what Mike and Luke have to say about the bank crash and the hog market reaction.
Jeff and Mike discuss todays WASDE report along with the hog supply outlook. Recently hog supplies have been exceeding expectations. Listen in to find out more on supply fundamentals for both grains and hogs.
This week Pat and Mike talk about the grain market selloff and the 3 layers of this hog market.
The 3 Layers
1. Challenging weather impacts
2. Top end demand destruction
- The macro commodity problem
The corn market collapsed this week. The hog market started out the week on a strong bounce... what happened? listen in to Mike and Luke for this weeks hog market talk update.
The lean hog futures finally found support early this week. The question is will the momentum continue? Listen in to hear what Luke and Mike have to say this week.
Jeff and Mike discuss the Feb WASDE report and its impact (or lack there of) on the grain market. They main discussion today was focused on hog weights dipping, Tyson foods poor earnings, and recent market flucuation.
Luke Wells and Mike Minor discuss the fed hike, grain markets movement, and a hog market that just wont stop bleeding. Listen in to hear what Luke had to say about a struggling market... Is it demand or supply?... or both
Luke and Mike talk about the market reaction after the wasde report last week. The hog market is working to get current, product values are dropping like a rock, and the futures are bobbing to find support.
Adam Krause the President elect for the South Dakota Pork Producers Council joined us live from the 54th annual South Dakota Pork Congress trade show. Adam is a hog producer and grain producer by Clear Lake South Dakota with an impressive resume and a long time friend.
Pat and Mike discuss a volatile start to 2023. The Ag commodity markets are being influenced heavily by outside markets today. Listen in to hear what Pat has to say about that and the hog market in a new year!
Luke Wells and Mike Minor discuss last weeks H&P report along with troubled weather leading to smaller kills last week. Its a must listen.
Jeff and Mike talk about the storms impact on commodity markets this week. A hog and grain market update.
Economic reports are impacting the commodity markets this week. Listen in to hear about today's Fed downshift and hog demand fundamentals by Mike Minor and Luke Wells.
This week Jeff and Mike talk about the WASDE report reaction on Friday. The main topics however include a deeper dive into the soybean meal rally and hog fundamentals.
Jeff and Mike talk about the relationship between December hog futures and the index. The choppy trade this week makes for plenty to talk about.
Pat and Mike discuss the good times we are experiencing in hog production... but wait it's almost December? Listen in for this weeks breakdown of the hog market.
A wild week in the grain markets and its only Wednesday. The hog market continues to pound out contract highs next summer but is it enough? Check out this weeks update with Luke and Mike.
Luke and Mike discuss the November WASDE report and a fresch update on hog fundamentals.
This week Pat and Mike discuss volatile grain markets along with a dive into the hog market. Pat broke down the supply and demand situation in the hog market well in this weeks podcast.
Jeff and Mike discuss hog fundamentals this week with emphasis on product demand. Listen in for this week's hog market talk or go to our website found below.
https://www.professionalagmarketing.com/
This week Luke Wells and Mike Minor talk about the volatile markets this past week. Fundamentals are also squeezed in before finishing on some important things to consider right now.
Jeff and Mike discuss this weeks WASDE report and weighing where December hogs are trading at today.
It has been a rough 2 weeks in the hog market. Listen in to hear what Luke Wells and Mike Minor are focusing on this week.
A widespread commodity sell off related to higher interest rates and a higher USD hit multiple markets including lean hog futures. Listen into Pat and Mike with Professional Ag Marketing on this weeks market update.
This week Luke and Mike discuss the outside market influence on input prices and a hog market up against resistance.
This week Mike and Jeff talk about the steep drop in cash and what to look for next week.
The hog fundamentals are on the skids. However, that didn't stop the futures from finding some support this week. Listen in to Luke and Mike on this week's hog market talk podcast. If you are interesting in this weeks slides please email:
mikem@professionalagmarketing.com
This week Pat and Mike discuss the discount between the index and the october lean hog futures.
Mike Minor and Luke Wells discuss the recent corn crop yield estimates and the cash hog market that is on fire.
Thank you to everyone who participated in last weeks Pro Ag Crop Tour.
This week we have mike and mike talking about this strong hog market. This weeks outline for the podcast is as follows:
- weights
- slaughter
- cutout and cash
This week Pat and Mike talk about the seasonal story in the hogmarket, current supply situation, and a demand driven cutout.
For next weeks crop tour please follow the links below and get added to our email distribution list. You can also be added to our Daily Market Commentary and other daily updates!
Podcast:
https://podcasts.apple.com/us/podcast/professional-ag-marketing-podcast/id1550208345
Twitter:
https://twitter.com/AgProfessional
Email:
mikem@professionalagmarketing.com
This week Mike Minor and Luke Wells go over an input overview and finish off on the exciting hog market this week.
Overview
kill cuts
cash market
macro supply situation
whats going on globally
margins
This week Mike Minor and Jordan Reker go over more input based items. This weeks large market moves have been heavily influenced by weather, recessionary risk, and the WASDE report. Jordan also goes into some brief hog fundamentals. Listen in to hear his take on this weeks stronger cutout numbers.
It was a good week for hog producers looking to crush! Lean hogs are up and the grain markets are down improving crush margins. Listen in to hear a macro recap from Mike on the grain markets and Luke Wells on the hog markets rebound.
Jeff from Professional Ag Marketing recapped the H and P report. Tune in to hear what Jeff thought about the report and its implications.
This week Mike Minor and Luke wells give a current update on these active markets. Outside market influences have made large impacts on the grain markets recently. Volatility is ramping up in the ag markets. Check out what Luke has to say about how the hog market is handling this environment.
This week Mike has on Jeff from Professional Ag Marketing. This weeks outline is as follows below.
- Sluggish exports
- Plant closure
- LRP
www.professionalagmarketing.com
Catch Lucas Peters and Luke Wells on todays podcast live from the World Pork Expo. Todays episode will only feature hog fundamentals. Please check out the "Professional Ag Marketing" podcast for this weeks WASDE report and other macro fundamentals.
Luke Wells with Professional Ag Marketing joins us again to talk about hog futures and fundamentals this week. Here is the outline for this weeks podcast.
- Grain update
- Rebound in forward margins
- Nearby fundamentals
- Seasonals
- Visit at the World Pork Expo
Check out our website @ www.professionalagmarketing.com
This week Jeff from Professional Ag Marketing goes over the recent cold storage report. An increase in cold storage at a time with lower pork production, and lower prices is worrisome. Listen in to hear Jeffs take on protein demand and consumer sentiment.
This week the hog market finally found a little support. Better cash along with cutout finally showing signs of support led the way. Listen in to hear what Luke Wells has to say about the current hog fundamentals.
Hog futures made new lows again this week. Pat talks about how traders remain unwilling to buy into this market. Listen in to hear about how to manage this struggling market.
The hog market has continued its sell off as June 2022 lean hog futures closed down $5.25 since last Wednesday. However, today we saw a near $3 bounce showing signs of hope. Was it just a technical bounce or is there something bigger going on? Tune in to find out.
It's been a bloodbath for the hog futures this week. Listen in to Luke Wells at Professional Ag Marketing on whats shaking up this market.