Livestock analyst Jim Wyckoff reviews on world pig information
17 October 2025
3 minute learn
The lean hog futures market on Wednesday noticed some brief overlaying after hitting a seven-week low Tuesday. Beneficial properties will proceed to be restricted by the still-bearish near-term technical posture and falling money hog costs. The newest CME lean hog index is down one other 79 cents at $97.20. Wednesday’s nationwide direct 5-day rolling common money hog worth quote is $95.95.
Pork Trade and associated information
Gregg Doud Warns of “A lot Larger Sport” in U.S.-China Farm Commerce Showdown
Former USTR ag negotiator tells AgriTalk the farm financial system is collateral in world energy battle
In an AgriTalk interview with Chip Flory, former U.S. Chief Agricultural Negotiator Gregg Doud — now President and CEO of the Nationwide Milk Producers Federation — warned that American agriculture is being pulled right into a “a lot larger recreation” as President Donald Trump and Chinese language President Xi Jinping edge towards a essential assembly later this month.
Talking as markets reacted to uncertainty over whether or not the Trump/Xi summit will proceed, Doud mentioned the agricultural sector is caught between nationwide safety tensions and shifting world provide chains, with little room to maneuver.
“Agriculture Is Caught Up in a A lot Larger Scenario”
Doud opened by noting that China’s latest export controls on uncommon earths and Washington’s restrictions on semiconductor shipments have turned commerce right into a geopolitical contest with ripple results far past tariffs and quotas.
“China needs chips, and we wish uncommon earths,” he mentioned. “They’ve determined to up the ante … signaling that they’re not simply going to let everyone and anyone on the planet have these.”
He identified that Beijing’s strikes are timed with home politics in thoughts. “Subsequent week is China’s Fourth Plenary Session,” Doud mentioned. “All politics is native — China has their politics, and we’ve got ours. President Xi is attempting to indicate he’s giant and in cost.”
However Doud additionally advised Xi’s assertiveness masks weak point at house: “The Chinese language financial system has struggled since Covid. They by no means actually got here again. What President Trump has executed with tariffs has damage them economically.”
JBS breaks floor on $135 million sausage plant in Perry, Iowa
New facility to make use of as much as 500 employees and strengthen Iowa’s function in U.S. protein provide chain
JBS USA formally broke floor Tuesday on a $135 million sausage processing plant in Perry, Iowa, marking a significant enlargement of the meatpacking large’s Midwest operations. The mission, which broke floor on Oct. 14, will occupy roughly 110 acres on Perry’s southeast aspect and is anticipated to start operations by fall 2026, based on the Iowa Capital Dispatch.
The power will initially make use of about 250 employees on a single shift and later develop to 2 shifts with round 500 workers. As soon as totally operational, the plant shall be able to processing roughly 500,000 sows yearly and producing greater than 130 million kilos of sausage every year.
A part of the Perry plant’s output will provide JBS’s Ankeny, Iowa, facility, which was not too long ago acquired and transformed to supply totally cooked bacon and sausage. Collectively, the 2 websites will develop JBS’s value-added meat manufacturing community and deepen its funding footprint in Iowa, the place it already operates main crops in Council Bluffs, Marshalltown, and Ottumwa.
The mission acquired $12 million in tax incentives from the Iowa Financial Improvement Authority, which praised the initiative as an financial increase to the Perry area. State officers mentioned the funding comes at a essential second, following the closure of a Tyson pork plant in Perry in 2024 that displaced greater than 1,300 employees.
Governor Kim Reynolds referred to as JBS’s funding “a robust vote of confidence in Iowa’s workforce and its management in U.S. meals manufacturing.”
Building is anticipated to speed up by means of 2025, with JBS saying the ability will assist meet rising home demand for processed meat merchandise amid altering client habits and ongoing commerce disruptions.
The following week’s seemingly high-low worth buying and selling ranges:
December lean hog futures–$81.00 to $85.50 and with a sideways-lower bias
December soybean meal futures–$270.10 to $282.00, and with a sideways bias
December corn futures–$4.09 1/4 to $4.24 1/2 and a sideways bias
Newest analytical each day charts lean hog, soybean meal and corn futures
