Genesus

Last week we discussed the situation in our industry with one of the manufacturers. We had a good dialogue about the current level of productivity. This conversation got us thinking about howmyths about production performance differ from reality. We used the latest available database from MetaFarms, which contains information on 1.1 million sows in the United States, CANADA and Australia. These ar...

Not long ago, the idea that the average cash price of corn in the United States market would be US$3.65 per bushel would have been considered crazy. Well, applaud the madmen - the average US cash price for corn was $3.65 US per bushel last Friday, with some varieties of corn selling below $3.00 US per bushel. Changes in corn and soybean meal prices have reduced production costs at farrow-finish op...

A year ago, we witnessed the development of an unprecedented situation in the market. This appears to be setting the trend for our sector to transform and adapt to the ongoing changes affecting production and the MEAT industry. The price on the Mercolleida Commodity Exchange is currently €1.8 euro/kg live weight. This price point has been repeated in the market for the past ten weeks. Producers wa...

Thailand Thailand's pig industry plans to cut production by 450,000 piglets from March to August to boost the price of live pigs, which has been below production costs for more than a year. The Thai Pig Breeders Association, a national group of pig producers, has called on pig farms with more than 2,......

Over the past few months, China's pork industry has suffered significant financial losses similar to those in the United States. Although the price of slaughter pigs in CHINA is higher than in the United States, production costs are also high. For many months, average losses exceeded $30 US/head. With approximately 12 million pigs shipped into China's domestic market each week, multiply that by lo...

Complaints about legislation, bureaucracy, government , vegans... ... ... Currently, mainly only producers and MEAT processors in Europe make money, but in most other countries of the world they do not. And just two years ago, European pig farmers were losing fortunes... We cannot predict the future - this saying applies to most things. But in the pork industry, we can do it. We know that at some ...

Thus, price stability is a compromise between low supply and difficulties in the MEAT sector to balance the new increase in prices for carcasses in slaughter weight in a sluggish market. In this context, most of the price trends observed in recent weeks have resumed. Since July 17 this year, the price on the French market for slaughter pigs has remained virtually unchanged, being at the level of €...

it is obvious that during the last five years there has been a constant reduction in both the number of cattle and cows (about 7%). Despite the high prices for cattle , this is a direct reflection of the now almost permanent drought in some regions and the reduction in the number of pastures, in addition, all this is exacerbated by high feed prices. We believe that this year the trend has not chan...

Entering the second half of 2023, when trying to describe the pig market in CHINA, the phrase “no more joy in Mudville” comes to mind. Of course, this is just a line from Ernest Lawrence Thayer's poem "Casey with a baseball bat." it describes the reaction of the hometown crowd when their hero Casey misses the ball, losing an important game. The expression describes any disappointment, a general fe...

This follows the recent closure of a major Olymel pig processing plant in Quebec, affecting nearly 1,000 workers. While announcing the closure of Western companies, the new CEO of Olymel , Yannick Gervais, publicly stated that the company had suffered large financial losses over the past 2 years due to pandemic restrictions, labor shortages, rising inflation and instability in EXPORT markets, espe...

24 of the top 50 pork producers are Chinese companies. The list also includes 12 companies from the US , 4 from Brazil, 3 from Spain and 2 from Thailand. In total, companies from the rating own almost 16.5 million sows - 635 thousand more than a year earlier. Top 20 world's largest pork producers Rank Company name Country Number of sows 1 Muyuan Foodstuff Co., Ltd. CHINA 2.8 million 2 Wens Food Gr...

Of the 50 mega-manufacturers, 24 are headquartered in CHINA. Twelve mega-manufacturers are headquartered in the US , 4 in Brazil, 3 in Spain and 3 in RUSSIA, 2 in Thailand, 1 in SOUTH KOREA and 1 in Chile. The leading manufacturer on the list is Muyuan Foodstuff Co, Ltd. ( China ) with 2,815,000 sows. In 2......

The financial difficulties facing the Canadian pig industry have had a big impact on MEAT processors as well. Back in April, Olymel announced the closure of a slaughterhouse in Vallee-Jonchin, Quebec. This happened after they announced the closure of four more slaughter and processing enterprises. Last year, Olymel talked about plans to reduce their slaughtering capacity by 1.5 million pigs per ye...

The price for pork is £2.13 per kilogram of carcass (97 cents per pound of live weight in the US ). We understand that this is the highest price for pork in the history of the UK. The number of slaughter pigs over the past few weeks has decreased by 20-25% compared to the same period last year. This was due to the same proportion of sows being slaughtered. Processors are trying to get more pigs be...

According to the results of 2021, the agricultural holding KSG Agro increased its gross income by 44% compared to 2020 - from 21.3 to 30.7 million dollars, and EBITDA - from 6.02 to 12.27 million dollars. the press service of the holding with reference to the company's annual report published on the Warsaw Stock Exchange (WSE). According to the annual report of the agricultural holding, published ...

Production costs have cut profits for the Spanish pig industry. Although the country is currently the largest pig producer and exporter in the EU, with a 5% increase in the country's pig herd, rising production costs, mainly for feed, electricity and labor, are affecting the sector. From January to November 2......

KSG Agro has started the reconstruction of the second stage of the pig farm in order to increase the production capacity to 58 thousand heads of a one-time content. This was reported by the press service of the company. Agroholding KSG Agro has started the reconstruction of the second stage of the pig farm in the village. Niva Trudovaya (Apostolovsky district, Dnepropetrovsk region). The second st...

Thailand is facing a similar scenario seen in Vietnam over the past couple of years. Since May, the country has seen multiple outbreaks of African swine fever (ASF) on commercial farms, and mass eradication of pigs is underway. “The price of live pigs in Thailand has reached US $2.5/ kg, up from US$1.8/kg two months ago. This indicates that a shortage of pork is expected in the coming months. The ...

In CHINA, pork production rose strongly in the first three quarters of 2021 compared to the weak same period last year, but this growth is gradually coming to an end. National Bureau of Statistics spokesman Fu Linghui said that pork production increased by 38% from January to September 2021 to 39.17 million tons, while the number of slaughtered pigs increased by 35.9% to 491.9 million. Analysts sa...

After 6 months of continuous decline, hog prices in CHINA stabilized at $2.40 in July. The average price is slightly above the levels recorded in July 2018, a month before the first outbreak of ASF in the country. Meanwhile, official reports say China's pig population has fully recovered to pre-ASF levels. According to the Ministry of Agriculture (MARA), the number of sows in June amounted to 45.6...

A separate subdivision of Titan-Agro LLC, the Petrovsky pig farm, is celebrating its tenth anniversary in 2021. During the operation of the complex, more than a million piglets were born here. The first piglet was born in Petrovsky in March 2012, the millionth one was born nine years later. Let us explain that on average, one sow brings at least 12 piglets, and the record recorded by titanium bree...

As of August 13, 2021, the USDA reports that the average cost of pork products in the US market has increased by $6.31. Over the past week, there was a decline in prices only for a picnic ($5.29) and ribs ($7.66). Genesus reports that 2,327,000 hogs were sold in the US market last week, compared to 2,559,......

Elite animals from CANADA arrived at the South Ural enterprise of the pig breeding industry in the Chelyabinsk region - 1,200 breeding pigs of the Yorkshire, Landrace and Duroc breeds. On August 11, a breeding Boeing 747 delivered 2, 3 and 4-month-old animals to the Chelyabinsk Kurchatov airport, which went straight to the Uvelsky district - to the farms of Ariant Agrofirma. “All the animals survi...

The average hog price in the Vietnamese market fell to 53,000 won per kg ($2.31 per kg) last month due to supply chain disruptions as the covid-19 crisis affects the country's food sector. “Farmers cannot sell pigs, logistics are difficult and most pig farms are closed. Even so, the price of pork in the supermarket is very high and not hard to find,” commented Paul A. Anderson, General Manager Sou...

As of July 9, 2021, the USDA reports that the average cost of pork products in the US market has fallen by $0.45. Over the past week, there was an increase in prices only for a picnic (+$3.2), ham (+$5.87) and bacon (+$3.93). Recently, Allan Bentley, sales representative for Genesus Genetics, provided an overview of the US hog market, noting that hog futures will rise in price. Allan Bentley: “Now...

In 2020, Mexico's per capita pork consumption decreased by one kilogram to 18.5 kg, and production was affected by the sanitary crisis (PRRS, PED, etc.), which led to significant losses of piglets and reproductive sows in the national herd. However, producer pressure is slowly easing and the current situation in the Mexican pig market is described by Fernando Ortiz-X, Ibero-America Business Develo...

On the basis of the pig-breeding complex "Agrarian Company 2004", the country's first nucleus of the Genesus Corporation was created for the Large White breed. According to a spokesman for Genesus Inc. in Ukraine by Yevgeny Shatokhin, until now this part of Eastern Europe has not been considered as a priority market due to its relatively small capacity. In addition, Ukrainian farms were not ready ...