Chicago Futures in Lay Terms

While many of us involved in pork production have a general idea of current prices and we generally pay attention to the Chicago Futures prices, I thought I would put current prices in laymans terms so we really appreciate today’s economic incentives. It also helps us better understand the risk management decisions producers are facing as go into today’s Hogs and Pigs Report. Read More...

Today’s market prices mean bigger contract grower risks

Sometimes a topic comes up that doesn’t fit my sort-of weekly writing schedule. Yesterday I had a field person for a contract production system ask about emergency drop curtains on a double-wide tunnel barn. The curtains had been ‘ruined’ by a power-washer so the grower inserted bubble wrap into the curtain opening to make it tight again so the correct negative pressure could be attained at the inlets for proper air distribution. Read More...