February 5, 2021
In this episode of Feedstuffs Precision Pork, Dave Bauer, senior market analyst for Provimi, offers some hog market perspective and market highlights for the week as well as provides things to think about as we enter the new year.
As that iconic song goes: you have to know when to hold â€˜em, know when to fold â€˜em, know when to walk away and know when to run. Bauer explains there is a group of producers in China right now running away from the hand they have been dealt. Last week 17% of market hogs in China weighed in at about 198 lb. Normal weights have been 286 lb., which means they are leaving 88 lb. of opportunity on that train bound for nowhere. Thatâ€™s a lost opportunity of $200 per pig
An indication that the disease pressure in China is severe right now? Or perhaps pressure from the mediaâ€™s disclosure of illegal vaccine use? Bauer shares his thoughts.
These are uncertain times and it will pay dividends to be well-prepared. If you have questions on this weekâ€™s recap or want to discuss something not covered, feel free to ASK DAVE at [email protected]. Plan today for tomorrowâ€™s success.
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