Roundtable: what is happening to the hog market? - Mike Porth and David Bauer

market trends Feb 01, 2021

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"𝘞𝘦 𝘢𝘳𝘦 𝘴𝘵𝘪𝘭𝘭 𝘰𝘯𝘦 𝘮𝘰𝘳𝘯𝘪𝘯𝘨 𝘢𝘸𝘢𝘺 𝘧𝘳𝘰𝘮 𝘸𝘢𝘬𝘪𝘯𝘨 𝘶𝘱 𝘢𝘯𝘥 𝘩𝘢𝘷𝘪𝘯𝘨 𝘈𝘚𝘍 𝘩𝘦𝘳𝘦 𝘪𝘯 𝘵𝘩𝘦 𝘜𝘚, 𝘢𝘯𝘥 𝘺𝘰𝘶 𝘨𝘰𝘵 𝘵𝘰 𝘬𝘦𝘦𝘱 𝘵𝘩𝘢𝘵 𝘪𝘯 𝘵𝘩𝘦 𝘣𝘢𝘤𝘬 𝘰𝘧 𝘺𝘰𝘶𝘳 𝘮𝘪𝘯𝘥 𝘢𝘴 𝘺𝘰𝘶'𝘳𝘦 𝘭𝘰𝘰𝘬𝘪𝘯𝘨. 𝘈𝘯𝘥 𝘵𝘩𝘦𝘳𝘦 𝘢𝘳𝘦 𝘴𝘰𝘮𝘦 𝘴𝘵𝘳𝘰𝘯𝘨 𝘴𝘺𝘴𝘵𝘦𝘮𝘴 𝘰𝘶𝘵 𝘵𝘩𝘦𝘳𝘦 𝘵𝘩𝘢𝘵 𝘤𝘢𝘯 𝘸𝘪𝘵𝘩𝘴𝘵𝘢𝘯𝘥 𝘪𝘵, 𝘣𝘶𝘵 𝘪𝘵 𝘸𝘰𝘶𝘭𝘥 𝘣𝘦 𝘥𝘦𝘷𝘢𝘴𝘵𝘢𝘵𝘪𝘯𝘨 𝘵𝘰 𝘵𝘩𝘦 𝘜𝘚." - 𝗠𝗶𝗸𝗲 𝗣𝗼𝗿𝘁𝗵

𝗪𝗵𝗮𝘁 𝘆𝗼𝘂 𝘄𝗶𝗹𝗹 𝗹𝗲𝗮𝗿𝗻:

1. The good, the bad, and the ugly of the current market dynamics;
2. ASF status of China's herd: the impact on exports and overall demand;
3. The path that 2020 was on;
4. Ingredient pricing and futures;
5. Forward-looking models: how can producers adjust to maximize (or protect) profitability.

𝗠𝗲𝗲𝘁 𝘁𝗵𝗲 𝗴𝘂𝗲𝘀𝘁𝘀: Mike Porth has more than 36 years of experience in Corporate Agriculture, with the last 8 plus as Director of Pork Procurement with Smithfield Foods and previous stints at Cargill and ConAgra Foods. His enthusiasm towards agriculture is seen through his professional experiences and his volunteer work with different Pork Producer Associations and locally with Story County Pork Producers in Iowa. Mike enjoys using social media channels to show his support for agriculture and the American Farmer products.

David Bauer uses his 30-years of experience in grain and livestock marketing and risk management services to provide market insights and specialized consulting services to our teams and nutrition customers. Dave is dedicated to creating the most progressive and systematic solutions that leverage producer data, allowing our customers to manage their forward-margin decisions better. He has provided a weekly market analysis and comments to a global audience throughout his career and will soon add a podcast to his communications.

𝗟𝗶𝘀𝘁𝗲𝗻 𝗼𝗻 𝗔𝗽𝗽𝗹𝗲 𝗣𝗼𝗱𝗰𝗮𝘀𝘁𝘀, 𝗦𝗽𝗼𝘁𝗶𝗳𝘆 𝗼𝗿 𝗮𝗻𝘆 𝗺𝗮𝗷𝗼𝗿 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺.

This episode was published by Lauro Faccin & Laihane Almeida.