Illinois Swine Commentaries

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Dennis Smith from Archer Financial Services, Pork Margins Expected to Narrow, August 22 2017

  LEAN HOGS Cash was sloppy again yesterday with the late report confirming prices paid were down $1.50. The cutout was not lower but up .42 so the packer continues to operate at impressively handsome processing margins. Most, including me expect margins to narrow as two new plants come on-line over the next thirty days.

Mike Brumm Pork Economist, Slaughter Capacity and Exports, August 22 2017

  Weather in our region of the US continues to be cool and wet. I just reviewed the on-line data from the University of Minnesota Southern Outreach and Research Center at Waseca and rainfall since May 1 is above normal. Thanks to a warm June and early July growing degree units are still slightly above

Scott Brown of the University of Missouri, Weekly Livestock Market, August 22 2017

• Market recap – It’s been a volatile week in the livestock sector. Fed cattle ended the week $ 5 lower. Feeder cattle started the week $ 6 to $ 10 lower, but regained some strength towards the end of the week to finish slightly higher. Fed cattle futures closed $ 1.50 lower with a lot of volatility

Scott Brown from the University of Missouri, Weekly Livestock Update, August 14 2017

  Some highlights from this week’s Weekly Livestock Market Update: • Cash fed cattle ended the week $ 2 lower and cash feeder cattle down $ 3 to $ 10 on the week. It was a tough week on the futures side for cattle with live cattle ending the $ 7 lower and feeders closed $

Dennis Smith of Archer Financial Services, Rising Open Interest in Lean Hogs a Bullish Technical Sign, August 8 2017

    LEAN HOGS Monday saw an impressive rally in hog futures on volume of trade reported at 52,300 with open interest rising by over 3,500 cars. This surge in OI on the rise in prices confirms the bullish nature of the rally and tends to suggest it will hold. We’ve certainly been bullish and

Scott Brown from the University of Missouri, Weekly Livestock Market Update, August 7 2017

  Some highlights from this week’s Weekly Livestock Market Update: •Cash hogs are trading nearly $2 lower for the week. The pork cutout value is down $2.75 for the week with weakness across the board. Brown says uncertainty about supplies situation for the remainder the year is having a negative impact on prices. Both cattle

Scott Brown Weekly Livestock Market Report, August 1, 2017

•Market recap: Cash hogs ended the week down about $2.50. Pork cutout value down $2.65 for the week, despite continued higher belly prices. Brown says we are at or near all-time highs on belly prices. On the cattle side – cash fed cattle down $2 to $3 for the week with feeder cattle $3 to

Scott Brown from University of Missouri, Weekly Livestock Market Report, July 24 2017

  •This week in markets: Fed cattle ended the week down $1.50 for the week on light trading volume as buyers have been waiting for today’s Cattle on Feed report to be released. Feeder cattle steady to $5 higher for the week – with those heavy weight cattle stead to $3 lower. Feeder calves $4

Scott Brown Weekly Livestock Update from the University of Missouri, July 18 2017

Published on Jul 14, 2017 Some highlights from this week’s Weekly Livestock Market Update: •The USDA released its latest WASDE report. Scott notes that beef production estimates were increased by 270 million pounds for 2017. That lowered their fed steer price by a $1 for 2017 average. Barrow and gilt estimates were raised $2, driven

Dennis Smith of Archer Financial Services Commentar, July 6 2017

  LEAN HOGS Instead of coming in lower as predicted in the early report, cash hog prices were fully steady yesterday. The cutout edged higher with the value of the carcass the highest since October 21st of 2014. Ribs have softened as seasonal demand has peaked but all other pork cuts appear to be in good

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