News - HAMS Marketing Services

The Director of Risk Management with HAMS Marketing Services reports, while the cash hog market continues to face pressure, the futures market looks good.

The Director of Risk Management with HAMS Marketing Services reports, despite ongoing challenges resulting from COVID-19, domestic demand for pork has remained exceptional.

The Director of Risk Management with HAMS Marketing Services suggests, despite recent exceptional global demand for pork, COVID-19 continues to create uncertainty and market volatility.

The Director of Risk Management with HAMS Marketing Services suggests those producers with prudent risk management strategies in place will be the best positioned to manage the current volatility in hog markets.

The Director of Risk Management with HAMS Marketing Services is advising Canadian pork producers to consider grain prices as they make forward contracting decisions for the fall and winter months.

The Director of Risk Management with HAMS Marketing Services says early indications are that 2021 will be a much more profitable year for pork producers than 2020 was. COVID-19 was the dominant factor influencing live hog prices over the past year.

The Director of Risk Management with HAMS Marketing Services says uncertainty over the what will happen with COVID continues to result in considerable hog market volatility.

The Director of Risk Management with HAMS Marketing Services is encouraging pork producers to watch for rallies in the futures market over the winter months that could allow them to reduce their losses.

The Director of Risk Management with HAMS Marketing Services says shifting pork demand, due to COVID-19, is making it extremely difficult to assess the role of demand in influencing the value of live slaughter hogs.

The Director of Risk Management with HAMS Marketing Services is hopeful Chinese demand for U.S. pork will lead to higher hog prices in 2020.