Articles tagged under: Steve Meyer

More COVID-19 Challenges Ahead for U.S. Pork Producers

Published July 22, 2020

According to Kerns and Associates economist Steve Meyer, U.S. hog producers are holding on to about 1.1 million animals that should already be slaughtered by now. "We think this number will be up to about 1.6 million by the end…

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Big Trouble in 4Q

Published July 10, 2020

Pork packing plants are operating at five-to-seven percent below capacity. Kerns and Associates Economist Steve Meyer doesn’t expect the numbers to get much better than that. "At the beginning, I thought we'd be lucky to get back to ten percent…

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No Quick Solution for Packers or Pork Producers

Published June 12, 2020

According to Kerns and Associates economist Steve Meyer, the idle capacity of pork processing plants is at 11.3 percent, the lowest number seen in recent weeks. However, progress is starting to slow. "We speculated that the early days of recovery…

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Millions of Pigs Displaced With Packer Capacity Problem

Published May 13, 2020

Pork packing plants may be operating, but they're not running at full capacity. Kerns and Associates economist Steve Meyer said that means the bottleneck in the supply chain will continue. To bring plants up to speed, Meyer said the packer…

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Any Packing Plant is Important Right Now

Published April 15, 2020

According to Kerns & Associates economist Steve Meyer, any packing plant is important to the pork industry right now. "It's the cumulative effect that gets us. If we would have lost one plant at a time, even just two plants…

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Large Losses Expected for U.S. Pork Producers in COVID-19

Published April 15, 2020

According to an economic analysis by Iowa State University economist Dermot Hayes and Kerns & Associates economist Steve Meyer, hog farmers will lose nearly $37 per hog or almost $5 billion collectively for each hog marketed the rest of the…

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End-Users May Want to Put a Lid on Costs

Published July 18, 2019

While the futures market has paid very little attention to planting delays and the lack of crop maturity, Kerns and Associates economist Dr. Steve Meyer says the story is with the basis. "There are places in the Eastern Corn Belt…

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China Pork Demand a Wildcard

Published March 18, 2019

After months of unknowns of how or when African Swine Fever could bring more demand of U.S. pork, the U.S. is reporting sales of approximately 24,000 metric tons of pork to China. The purchase is considered one of the highest…

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Negative News Facing Pig Farmers

Published August 3, 2018

This past week was ugly for the hog market with triple-digit losses more common than not. Kerns and Associates economist Steve Meyer says the fundamentals in the hog trade are very negative with large hog numbers, poor packer margins and…

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Meyer Offers Perspective on China and Mexico Tariffs

Published June 10, 2018

In the short run, the trade dispute with China is not expected to have a significant impact on the hog market. Kerns and Associates market analyst Steve Meyer says China is dealing with large domestic supplies and the U.S. wasn’t…

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