Rich’s Remarks
Ontario Pork’s report on December 31, 2020
states that the 100% formula price was $138.63/ckg DW. This is down $19.51 from last month’s
newsletter. The CME price was $60.16, which
is down $7.12 from last month’s newsletter.
The Canadian Dollar is at $0.7832
which is up $0.013 from last month.
OMAFRA’s Ontario Market Hog Price Trend
Sheet is not being produced right now.
Therefore I have looked at the futures numbers from Ontario Pork’s
report on December 31 and calculated out the 100% formula prices for February
$155.85, April $163.92, May $175.19, June $189.18, July $189.99 and August
$189.06. These are mixed from last
month’s newsletter. February, Apr and
June were down $1.00 to $4.00 while July was up $3.00.
Keep an eye on your gilts and sows. We are seeing higher levels of Zearalenone
and T2 levels in corn and ddgs even though Vomitoxin (DON) levels are below 1
ppm. In gilts and sows, the vulva and reproductive
tract become enlarged and vaginal and rectal prolapses occur. Heats become irregular and litter size is
reduced. Luckily, our toxin binder
Zenith C does a good job at binding up these toxins.
USDA Quarterly Hog Report – Released
December 1, 2020
Breeding inventory, at 6.28 million head,
was down 3% from last year, and down 1% from the previous quarter. Market hog
inventory, at 71.2 million head, was down 1% from last year, and down 1% from
last quarter.