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Senior Contributor

Re: Has anyone heard how

Are they contract hogs,?
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Advisor

Re: Has anyone heard how

I bet they are the packers hogs.
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Honored Advisor

Re: with beans above $9

Time, probably 5% of the hogs are sold on the open market, so giving out money without verifying family farm ownership, a lot of entities that shouldn`t get money would. Clinton gave us money when hogs went to 20 cents (they went to 8 cents 4yrs prior in `98) it was $5/hd with a limit of $2500....that was a joke.  Anyone with brains got out of hogs after `98 (I still raise hogs  Smiley Happy  ).  But the hog industry had a conniption when corn went to $7, they should now appreciate less than half that.

 

But as others eluded, the packers own a lot of these hogs from the semen to the cellophane, if they don`t make money raising hogs, they make it on the retail side...the CME hog prices don`t matter.   Maybe VR Buck`s family and others should get a little bail money, but I don`t want to see Smithfield or Tyson getting a payment in some way out of this.

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Esteemed Advisor

Re: with beans above $9

I heard the hog payments would only go to family owned

independent farms, which is a small percentage of the

hogs and thus not much money at all in the big scheme.

 

If so, it will be fun to see the local integrators morph

into family farms :-)

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Senior Contributor

Re: with beans above $9

What about the cow calf operations spring from 7ell and not a word.

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Senior Contributor

Re: with beans above $9

hint japan buys first argentine beef *****.

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