Bearish September Hogs and Pigs Report
The Pork Checkoff hosted a news media conference call following the USDA's Quarterly Hogs and Pigs Report on Friday, Sept. 27. This quarterly teleconference featured three distinguished agricultural economists and their reactions to the report. The report surprised the trade, and is expected to result in a limit lower trade Monday at the CME Group in Chicago, Illinois.
You may listen to the teleconference using the link on this page.
The panel included...
* Dr. Lee Shulz, Extension Livestock Economist, Iowa State University
* Len Steiner, President, Steiner Consulting Group, Manchester, N.H.
* Dan Vaught, Economist, Doane Advisory Service, St. Louis, Mo.
The National Pork Board has responsibility for Checkoff-funded research, promotion and consumer information projects and for communicating with pork producers and the public. Through a legislative national Pork Checkoff, pork producers invest $0.40 for each $100 value of hogs sold. Importers of pork products contribute a like amount, based on a formula. The Pork Checkoff funds national and state programs in advertising, consumer information, retail and foodservice marketing, export market promotion, production improvement, technology, swine health, pork safety and environmental management. For information on Checkoff-funded programs, pork producers can call the Pork Checkoff Service Center at (800) 456-7675 or check the Internet at www.pork.org.