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.
The director of Risk Management with h@ms Marketing Services blames higher slaughter numbers resulting from reduced losses due to PED for the substantial drop in live hog prices experienced this winter.
The director of risk management with h@ms Marketing Services expects consumer demand for pork to play a key role in influencing profitability in the hog industry in 2015.
The director of risk management with h@ms Marketing Services warns continued profitability within the North American pork industry is likely to trigger an expansion of production.
The director of risk management with h@ms Marketing Services expects the effects of PED to be the biggest factor affecting hog prices over the next six months.
The director of risk management with h@ms Marketing Services says, despite the recent slide in live hog prices, Canadian pork producers can expect to remain profitable for at least the next four to six months.
h@ms Marketing Services suggests lower than anticipated losses from PED rather than Russia’s ban on North American pork is the main factor behind a substantial drop in live hog prices.
The director of risk management with h@ms Marketing Services reports, despite higher available supplies of pork than one year ago, fears over PED continue to drive the markets for live hogs.
The director of risk management with h@ms Marketing Services is recommending a measured approach to risk management heading toward the summer to protect profitability.
The director of risk management with h@ms Marketing Services says, despite a slide over the past couple of weeks in both the cash and futures markets, returns for live hogs remain profitable.