Join the USDA Agricultural Marketing Service for a three-part webinar series and learn about USDA’s Livestock Mandatory Reporting (LMR) and other market data and resources, and how they support the U.S. pork industry. USDA and industry representatives will provide an overview of LMR live hog and wholesale pork reporting, introduce other USDA resources, and explore 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 series will be hosted on Zoom and is open to the public. Pre-registration is required.
Part I: Overview of USDA Reports for the Pork Industry
When: Tuesday, October 12, 2021, 11:00 am – 12:30 pm Central Time
National Pork Producers Council (NPPC) will provide an in-depth history of LMR and how it has evolved. USDA Market News will give an overview of LMR reporting and provide participants with general information about USDA reports and services offered to industry. USDA Packers and Stockyards will discuss the Swine Contract Library and its relevance to the marketplace. The USDA National Agricultural Statistics Service will explain how the Hogs and Pigs report is developed and its value to industry.
Presenters: Neil Dierks - National Pork Producers Council; Lakisha Aller - USDA Market News; Travis Averill - USDA National Agricultural Statistics Agency; and Jennifer Hopes - USDA Packers and Stockyards. View the Speaker Bios (pdf)
- Part 1 Webinar Recording
- Neil Dierks - Livestock Price Reporting (pdf)
- Lakisha Aller - LMR Swine and Pork (pdf)
- Travis Averill - Overview of Livestock Reports: USDA NASS Hogs and Pigs (pdf)
- Jennifer Hopes - Swine Contract Library (SCL) Overview (pdf)
Part II: USDA LMR Live Swine Reports
When: Tuesday, October 19, 2021, 11:00 am – 12:30 pm Central Time
USDA Market News will introduce you to LMR swine reports and address how data is reviewed and aggregated. CME Group will explain how LMR information is used in the CME Lean Hog Index. Representatives from NPPC and Iowa State University will explore how to use LMR swine reports as a risk management tool.
Presenters: Kirk Hatfield - USDA Market News; Anne Krema - CME Group; Dr. Lee Schulz - Iowa State University; and Scott Hays - National Pork Producer Council. View the Speaker Bios (pdf)
- Part 2 Webinar Recording
- Kirk Hatfield- LMR Swine Direct Reports (pdf)
- Anne Krema- CME Lean Hog Overview (pdf)
- Dr. Lee Schulz- How to Use LMR Swine Reports (pdf)
- Scott Hays - A Producer Perspective (pdf)
Part III: USDA LMR Wholesale Pork Reports
When: Tuesday, October 26, 2021, 11:00 am – 12:30 pm Central Time
USDA Market News will provide insight into LMR wholesale pork reports and the methodology of the USDA Pork Carcass Cutout. CME Group will explain how LMR data is utilized in the Pork Cutout futures contract. Industry representatives will discuss how wholesale pork reports are used to mitigate risk, as well as for economic analysis and forecasts.
Presenters: Dillan Hull - USDA Market News; Anne Krema - CME Group; Dr. Steve Meyer - Partners for Production Agriculture; and John Nalivka - Sterling Marketing, Inc. View the Speaker Bios (pdf)