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North Mountain Ag Services

WEEKLY UPDATE APRIL 20, 2015

NORTH MOUNTAIN AG SERVICES WEEKLY UPDATE April 20, 2015 Will Hog Producers Lock in 2015 Profits? Hog producer profitability has been a popular topic that past week as the onset of warmer weather points to grilling season and much-anticipated increases in pork prices.  With a historically strong market in 2014, and speculation concerning industry expansion in 2015, it is worth taking a moment to think about targets for covering 2015 fourth quarter market hogs. As in every conversation we have in regards to hedging livestock, we want to start by taking a look at input costs.  Grain stock numbers tell us that with current stocks, this year will likely require planting of corn to be on time with fair weather conditions to keep end users on track to purchase fall 2015 corn below $4 per bushel.  While soybean planting...

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