The U.S. Department of Agriculture (USDA) will host a series of educational webinars for the pork industry about USDA’s Livestock Mandatory Reporting (LMR) Program. In this series – to be held on October 12, October 19 and October 26, 2021, from 11:00 a.m. to 12:30 p.m. Central Time each day – USDA Market News staff and a panel of industry representatives will provide an overview of LMR live hog and wholesale pork reporting, and how this information can inform real-world marketing decisions at the farm and other points in the supply chain. While anyone can attend the free webinars, they are targeted to pork producers, feeders and other stakeholders who want a better understanding of LMR.
The first webinar will provide an overview of LMR and includes speakers from USDA Market News, the National Pork Producers Council, the USDA Packers and Stockyards Division and the USDA National Agricultural Statistics Service. The second webinar will provide an overview of LMR live hog reporting and includes speakers from USDA Market News, CME Group, a hog producer and an economist from Iowa State University. The last webinar will provide an overview of LMR wholesale pork reporting and includes speakers from USDA Market News, CME Group, an economist from Partners for Production Agriculture and a representative from Sterling Marketing Inc.
Information about how to pre-register, and the dates, times, speakers and topics of each webinar are on the USDA Agricultural Marketing Service website.
USDA is focused on building new, more, fairer, and more resilient markets for our farmers, ranchers and producers. In the last five years, stresses and disruptions caused by concentration in livestock markets have impacted not only producers, but consumers as well. These educational webinars will help pork producers better understand LMR data so they can make marketing and production decisions based on the best-available market information.