Markets: Hogs closeout 2019 with marketing year low

Brian Hoops
Jan 13, 2020
Jan 13, 2020

Facebook
Twitter
Bluesky
WhatsApp
SMS
Email
Print
Save

CORN---------

kA 5:ClQ=ECQmkDA2?mr@C? 4=@D65 E96 H66< ¾ @7 2 46?E 9:896C] !C:G2E6 6IA@CE6CD 2??@F?465 D2=6 @7 a_f[___ >6EC:4 E@?D W>EDX @7 4@C? E@ 2? F?<?@H? 56DE:?2E:@? 7@C a_a_\a`] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?mx? E96 H66<=J 6IA@CE :?DA64E:@?D C6A@CE[ &]$] 4@C? 6IA@CED =2DE H66< @7 a`]f >:==:@? 3FD96=D W>3X H6C6 2 E9C66\H66< 9:89] rF>F=2E:G6 6IA@CED @7 bbh >3 2C6 5@H? dbT 7C@> =2DE J62CVD faf >:==:@? 2E E9:D E:>6[ H:E9 4@C? D9:A>6?ED ?665:?8 E@ 2G6C286 C@F89=J c_]a >3 A6C H66< :? @C56C E@ C6249 E96 &$spVD `]gd 3:==:@? 3FD96= W33X 6IA@CE AC@;64E:@? G6CDFD bb]a >3 A6C H66< 7C@> E9:D A@:?E 7@CH2C5 =2DE J62C] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?m%96 &$sp :?4C62D65 4@C? J:6=5D 2?5 AC@5F4E:@? H9:=6 E96 EC256 H2D =@@<:?8 7@C 2 D>2== C65F4E:@? @7 3@E9] %96 J:6=5D H6C6 :?4C62D65 E@ `eg 3FD96=D A6C 24C6 W3A2X[ FA `]` 3A2 7C@> AC:@C 6DE:>2E6D] w2CG6DE65 24C6286 C65F4E:@?D H6C6 ?@E65 2?5 7:?2= AC@5F4E:@? 7:8FC6D 2C6 6DE:>2E65 2E `b]eha 33] %96 &$sp 5:5 :?5:42E6 E96J H@F=5 C6DFCG6J 72C>6CD E92E DE:== 92G6 2? F?92CG6DE65 4C@A[ 3FE E9@D6 492?86D H:== 92G6 >:?:>2= @? E96 32=2?46 D966ED] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?m%96 &$sp :?4C62D65 7665 FD286 3J ad_ >3[ AC@5F4E:@? 3J b` >3 2?5 368:??:?8 DE@4<D 3J `_f >3 H9:=6 =@H6C:?8 6IA@CED 3J fd >3] %9:D C6DF=E65 :? 6?5:?8 DE@4<D 36:?8 C65F465 3J 2 >@56DE `g >3] %9:D =62G6D &]$] 6?5:?8 DE@4<D 2E `]gha 33 H:E9 2 DE@4<D E@ FD286 C2E:@ @7 `b]cT] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?m%9:D C6A@CE 92D E@ 36 2 5:D2AA@:?E>6?E E@ 3F==D 2?5 3F==:D9 72C>6CD E92E H6C6 9@A:?8 E96 &$sp H@F=5 7:?2==J =@H6C J:6=5 7@C642DED] &$sp C6A@CE65 s64] ` &]$] 4@C? DE@4<D 2E ``]bgh 33[ 6DD6?E:2==J af_ >3 =6DD E92? 2?E:4:A2E65 3J E96 EC256]k^DA2?mk^Am

kA 5:ClQ=ECQmkDEC@?8m$EC2E68J 2?5 @FE=@@<ik^DEC@?8m kDA2?m~G6C2== 7F?52>6?E2=D C6>2:? 362C:D9 2?5 ?@H H:E9 E96 =2C86 DA64 7F?5D 9@=5:?8 2 ?6E =@?8 A@D:E:@?[ E96 FAD:56 A@E6?E:2= 2AA62CD E@ 36 =:>:E65 F?=6DD 2 H62E96C :DDF6 56G6=@AD :? $@FE9 p>6C:42]k^DA2?mk^Am

kAmkDA2?mkDA2?m k^DA2?mk^DA2?mk^Am

kA 5:ClQ=ECQmkDEC@?8m$~*qtp}$\\\\\\\\\k^DEC@?8mk^Am

kA 5:ClQ=ECQmkDA2?m$@J362?D 4=@D65 E96 H66< c ½ 46?ED 9:896C] !C:G2E6 6IA@CE6CD 5:5 ?@E 2??@F?46 2?J AC:G2E6 D2=6D] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?mx? E96 H66<=J 6IA@CE :?DA64E:@?D C6A@CE[ &]$] D@J362? 6IA@CE :?DA64E:@?D H6C6 2 `a\H66< =@H @7 bd]c >3] rF>F=2E:G6 6IA@CE :?DA64E:@?D @7 fhh >3 2C6 FA ad]eT 7C@> =2DE J62CVD ebe >:==:@?[ H:E9 D9:A>6?ED ?665:?8 E@ 2G6C286 C@F89=J af >3 A6C H66< :? @C56C E@ C6249 E96 &$spVD `]ffd 33 6IA@CE AC@;64E:@? G6CDFD =2DE J62CVD b_]e >3 A6C H66< 7C@> E9:D A@:?E 7@CH2C5] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?m%96 &$sp >256 6G6? =6DD 492?86D E@ E96 D@J362? >2C<6E E92? E@ E96 4@C? 32=2?46 D966ED] q68:??:?8 DE@4<D H6C6 =@H6C65 3J 2 >6C6 c >3 2?5 J:6=5D :?4C62D65 3J ½ 3FD96= A6C 24C6 H:E9 92CG6DE65 24C6D 5@H? e__[___] %9:D C6DF=E65 :? 2 D=:89E g >3 :?4C62D6 :? AC@5F4E:@? E@ c]cga 33 2?5 FD286 H2D =67E F?492?865 2E c]__g 33 H:E9 6?5:?8 DE@4<D F?492?865 2E cfd >3] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?m%96 cfd >3 :D E96 D64@?5 =2C86DE @? C64@C5[ @?=J EC2:=:?8 =2DE J62C 2?5 E96 DE@4<D E@ FD286 C2E:@? :D 2 4@>7@CE23=6 ``]gT] s64] ` &]$] D@J362? DE@4<D 2=D@ H6C6 =2C86C E92? 6IA64E65 2E b]ad` 33[ 4@>:?8 :? ed >3 =2C86C E92? 6IA64E2E:@?D] &]$] D@J362? DE@4<D 2C6 E96 D64@?5\9:896DE @? C64@C5[ H:E9 E96 DE@4<D E@ $6AE\}@G FD286 C2E:@ E96 D64@?5 9:896DE @7 E96 =2DE `` J62CD] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?m!C@5F4E:@? :? pC86?E:?2 2?5 qC2K:= H6C6 =67E F?492?865 2E db >:==:@? >ED W>>EDX 2?5 `ab >>ED C6DA64E:G6=J] %9:D H@F=5 36 2 ?6H C64@C5 AC@5F4E:@? :7 C62=:K65] k^DA2?mk^Am

kA 5:ClQ=ECQmkDEC@?8m$EC2E68J 2?5 @FE=@@<ik^DEC@?8m kDA2?muFEFC6D AC@365 H66<=J C6D:DE2?46 2?5 4@F=5 E6DE E96> 282:? :7 r9:?2 :D 2 =2C86 3FJ6C 5FC:?8 E96 D:8?:?8 46C6>@?J] $@FE9 p>6C:42 =@@<D E@ AC@5F46 2 C64@C5 D@J362? 4C@A :7 E96 H62E96C :D ?@C>2= 5FC:?8 E96 ?6IE a\b H66<D] %9:D H:== DFC6=J 4FE :?E@ &]$] 6IA@CED 2?5 =:>:E E96 FAD:56 A@E6?E:2=] k^DA2?mk^Am

kAmkDA2?mkDA2?m k^DA2?mk^DA2?mk^Am

kA 5:ClQ=ECQmkDEC@?8m(wtp%\\\\\\\\k^DEC@?8mk^Am

People are also reading…

Missouri cowgirl bakes to fund her trick-riding ambitions
Finding her niche on family farm: Newman Grove farm wife builds pork business
Meristem focuses on reducing crop input costs for farmers
Variety of fencing meets needs on the farm
Berwald Red Angus 4th Annual Bull & Female Sale
Heart River Ranch Annual Production Sale
Eichacker Simmentals & JK Angus
Fast-Dohrmann-Strommen 55th Annual Production Sale
Short corn offers risk, timing alternative
Highmore cattleman elected to American Simmental board
Sitz Angus 24th Annual Spring Bull Sale
Effertz Key Ranch 48th Annual Bull Sale
Middle East situation a cause of concern for corn
Working cattle, then hitting the books
MacDonald Ranches Performance Power 2026 Sale

kA 5:ClQ=ECQmkDA2?mu@C E96 H66<[ r9:428@ H962E 4=@D65 g ¾ 46?ED 9:896C[ z2?D2D r:EJ H962E 4=@D65 `g ¾ 46?ED 9:896C 2?5 |:??62A@=:D H962E `_ ¾ 46?ED 9:896C] t8JAE 3@F89E b__[___ >ED @7 #FDD:2?[ #@>2?:2? 2?5 &<C2:?:2? H962E] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?mx? E96 H66<=J 6IA@CE :?DA64E:@?D C6A@CE[ &]$] H962E 6IA@CED 7@C E96 H66< H6C6 ;FDE `a]f >3] rF>F=2E:G6 6IA@CED @7 dce >3 2C6 DE:== FA `dT 7C@> =2DE J62CVD cfe >:==:@?[ H:E9 D9:A>6?ED ?665:?8 E@ 2G6C286 C@F89=J `g]a >3 A6C H66< G6CDFD =2DE J62CVD a_]f >3 A6C H66< 7C@> E9:D A@:?E 7@CH2C5 :? @C56C E@ C6249 E96 &$spVD hfd >:==:@? 3FD96= 6IA@CE AC@;64E:@?] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?m%96 &$sp C6A@CE65 s64] ` &]$] H962E DE@4<D 2E `]gbc 33[ gb >3 36=@H E96 2G6C286 EC256 6DE:>2E6[ E96 =2C86DE “3F==:D9 DFCAC:D6” @? C64@C5 7@C E9:D C6A@CE] %9:D :D 5@H? 7C@> =2DE J62C’D a]_` 33 2?5 E96 =@H6DE :? 7@FC J62CD] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?mu@C &]$] 32=2?46 D966ED[ 7665 2?5 C6D:5F2= :?4C62D65 `_ >3 H9:=6 D665 FD286 H2D C65F465 3J ` >3[ C6DF=E:?8 :? 2 h >3 C65F4E:@? E@ 6?5:?8 DE@4<D 2E hed >3] %9:D :D E96 E:89E6DE 6?5:?8 DE@4<D D:?46 a_`c\`d[ 9@H6G6C[ :E :D DE:== 2 DE@4<D E@ FD286 C2E:@ @7 2 C@3FDE cd]`T] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?m%96 &$sp 6DE:>2E65 a_a_\a` &]$] H:?E6C H962E A=2?E65 2C62 2E b_]g_c >:==:@? 24C6D[ 5@H? 7C@> =2DE J62C’D b`]`dh >:==:@?] ~? 2 3J\4=2DD 32D:D[ w#( 2C62 @7 a`]g >:==:@? 24C6D :D 5@H? 7C@> aa]d >:==:@? =2DE J62C 2?5 2 3:E 36=@H 2G6C286 6IA64E2E:@?D @7 aa]` >:==:@?] |62?H9:=6[ $#( 2C62 H2D 6DE:>2E65 2E d]ec_ >:==:@? 24C6D[ FA >@56DE=J 7C@> =2DE J62C’D d]a_` >:==:@? 2?5 D@=:5=J 23@G6 2G6C286 >2C<6E 6IA64E2E:@?D =@@<:?8 7@C 2 564=:?6 E@ d]``g >:==:@?] (9:E6 H962E 24C6D H6C6 6DE:>2E65 2E b]bf_ >:==:@? G6CDFD b]d__ >:==:@? =2DE J62C 2?5 b]ch_ >:==:@? “6IA64E65]”k^DA2?mk^Am

kA 5:ClQ=ECQmkDEC@?8m$EC2E68J 2?5 @FE=@@<ik^DEC@?8m kDA2?mr9:428@ 2?5 zr H962E 3@E9 C2==:65 :?E@ <6J H66<=J C6D:DE2?46 2E 2 E:>6 H96? E96 4@>>6C4:2=D 92G6 364@>6 288C6DD:G6 D6==6CD] %9:D D9@F=5 AFE 2? 6?5 E@ E96 C2==J E92E AC:46D 92G6 366? D66:?8 2D E96 7F?52>6?E2=D 5@ ?@E DFAA@CE E96 4FCC6?E G2=F6D] k^DA2?mk^Am

kAmkDA2?mkDA2?m k^DA2?mk^DA2?mk^Am

kA 5:ClQ=ECQmkDEC@?8m{x't rp%%{t\\\\\\\\\k^DEC@?8mk^Am

kA 5:ClQ=ECQmkDA2?m=:G6 42EE=6 4=@D65 Sa]ea 9:896C H9:=6 76656C 42EE=6 4=@D65 Sc]gd 9:896C] u65 42EE=6 EC256 :? E96 }@CE9 H2D S`ac =:G6 2?5 S`hh E@ Sa__ 5C6DD65[ DE625J H96? 4@>A2C65 H:E9 E96 H66< AC:@C] %C256 :? E96 $@FE9 H2D S`ac =2DE H66<[ DE625J H96? 4@>A2C65 E@ E96 AC:@C H66<] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?mx? E96 7:CDE u65 r2EE=6 tI492?86 WurtX @?=:?6 2F4E:@?[ E96C6 H6C6 dad 9625 =:DE65 7@C D2=6 7C@> 7@FC =@ED[ EH@ :? z2?D2D 2?5 EH@ :? %6I2D] ~?6 =@E :? z2?D2D D@=5 2E S`ac]ad H9:=6 EH@ =@ED :? %6I2D 2?5 E96 @E96C =@E :? z2?D2D H6C6 ?@ D@=5 2E S`ab 2?5 S`ac]ad A6C 9F?5C65H6:89E[ C6DA64E:G6=J] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?m%96 D64@?5 urt @?=:?6 2F4E:@? D2H cf_ 9625 =:DE65 7@C D2=6 H:E9 EH@ =@ED 7C@> %6I2D 2?5 @?6 =@E 7C@> z2?D2D] ~?6 =@E 7C@> %6I2D D@=5 2E S`ac 2?5 E96 @E96C =@E H2D !~V5] %96 z2?D2D =@E H2D !~V5 2E S`ac]ad] %96 =2E6DE &$sp DE66C 42C42DD H6:89ED H6C6 @?6 A@F?5 962G:6C 2E h_d A@F?5D 4@>A2C65 E@ E96 AC:@C H66< @7 h_c A@F?5D[ >2<:?8 E96> ?:?6 A@F?5D 23@G6 =2DE J62C] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?m{2DE H66<VD ?6E 3667 D2=6D @7 b[f__ >6EC:4 E@?D W|%X C6A@CE65 7@C a_`h H6C6 5@H? caT 7C@> E96 AC6G:@FD H66< 2?5 cdT 7C@> E96 AC:@C 7@FC\H66< 2G6C286] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?m%96 &$sp C6=62D65 E96 =2E6DE AC@E6:? EC256 52E6 7@C }@G] 2?5 3667 6IA@CED H6C6 2 3:E 5:D2AA@:?E:?8] q667 6IA@CED E@E2=65 acd >:==:@? A@F?5D[ 5@H? gT 4@>A2C65 E@ 2 J62C 28@] %9C@F89 }@G6>36C 6IA@CED 2C6 c]cT =@H6C E92? a_`g]k^DA2?mk^Am

kA 5:ClQ=ECQmkDEC@?8m$EC2E68J 2?5 @FE=@@<ik^DEC@?8m kDA2?m%96 DEC@?8 42D9 >2C<6ED 2?5 6IA@CE D2=6D H:== 36 3F==:D9 7@C E96 >2C<6E] r2D9 4@F=5 H62<6? BF:4<=J :7 A24<6CD 564:56 E@ 4FE 324< @? H66<=J <:==D E@ C64=2:> =@DE >2C8:?D] k^DA2?mk^Am

kAmkDA2?mkDA2?m k^DA2?mk^DA2?mk^Am

kA 5:ClQ=ECQmkDEC@?8mw~v$\\\\\\\\\\\\\\\\k^DEC@?8mk^Am

kA 5:ClQ=ECQmkDA2?m{62? 9@8D 4=@D65 E96 H66< S`]aa =@H6C] {2DE H66<VD ?6E A@C< D2=6D @7 b[b__ |% C6A@CE65 7@C a_`h \ 2 >2C<6E:?8\J62C =@H \ H6C6 5@H? g_T 7C@> E96 AC6G:@FD H66< 2?5 gfT 7C@> E96 AC:@C 7@FC\H66< 2G6C286] k^DA2?mk^Am

kA 5:ClQ=ECQmkDA2?m%96 =2E6DE x@H2^|:??6D@E2 H66<=J 9@8 H6:89ED 7@C y2?] c 42>6 :? 2E agg]h A@F?5D G6CDFD agf]` A@F?5D =2DE H66< 2?5 age]e A@F?5D =2DE J62C] &]$] A@C< 6IA@CED E@E2=65 >@C6 E92? adh[___ E@?D :? }@G6>36C[ 2 >@?E9=J C64@C5] !@C< D9:A>6?ED :? }@G] ;F>A65 ``T 7C@> E96 AC6G:@FD C64@C5 :? yF=J] tIA@CED E@ r9:?2 E@F4965 2C@F?5 fh[___ E@?D[ E@AA:?8 2 AC6G:@FD C64@C5 D6E :? yF=J] }@G6>36C A@C< 6IA@CED E@E2=65 eab >:==:@? A@F?5D[ 2 aaT :?4C62D6 @G6C =2DE J62C] %96 &]$] 6IA@CE65 `df >:==:@? A@F?5D E@ r9:?2[ H9:49 H2D 2 C64@C5 =2C86 2>@F?E[ 2?5 @?=J E96 7@FCE9 E:>6 E92E >@?E9=J 6IA@CED 92G6 6I466565 `__ >:==:@? A@F?5D] k^DA2?mk^Am

kA 5:ClQ=ECQmkDEC@?8m$EC2E68J 2?5 @FE=@@<ik^DEC@?8m kDA2?muFEFC6D D9@F=5 C2==J @77 E649?:42= DFAA@CE 2?5 6IA64E2E:@?D @7 =2C86 r9:?6D6 AFC492D6D @7 &$ A@C< AC@5F4ED ?@H E92E !92D6 ` @7 E96 ?6H EC256 28C66>6?E H:== 364@>6 67764E:G6 E9:D >@?E9] k^DA2?mk^Am

Brian Hoops is president and senior market analyst of Midwest Market Solutions Inc. The home office is in Springfield, Mo., with branch offices in Thief River Falls, Minn.; Verona, N.D.; Yankton, S.D.; Storm Lake, Iowa; and Springfield, Neb.