Our prices will better reflect global pork prices, which will be profitable for U.S. producers — as long as we can keep the disease out of North America.

Too many times we look at what was left on the table or how we did at picking the best market, which is rarely accomplished.

Legislative Watch: More tariffs on Chinese goods; Japan, U.S. meeting on trade; tougher Mexican border inspections; easing Chapter 12 limits; Conaway retiring.

China’s domestic hog prices continue to increase even with a surge of imports, indicating a clear need for additional supplies.   

At the 95th percentile of the previous 10 years, hog producers have only made more money than this around 5% of the time over the past decade.

At March 1, by our calculations, the average producer was losing about $30 per head. As of last week, that same producer was making $28 per head.

Previously the policy was called the business disruption or market value policy and would indemnify based on the value per hundredweight.