Commentaries

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Dr. Dave Kohl of Compeer Financial, Scenario Analysis Helps Turn “Cant’s” Into “Can Do’s”, August 23 2017

    Hi. I’m Dr. Dave Kohl professor emeritus agriculture economics at Virginia Tech, Blacksburg, Virginia. Of course, we’d like to welcome you back to the MacroCLINIC. Today’s theme is, “Turning a Can’t Do into a Can Do.” Oftentimes when I’m out on the road working with agriculture producers, they will say, “Well, I can’t

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

Dennis Smith from Archer Financial Services, Hogs Prices Turn Down Sharply, August 17 2017

  LEAN HOGS Hogs failed below resistance and turned sharply lower. So the near term peak or high is in place with the market poised for a major downward correction. Fresh bellies were quoted sharply lower which hit the cutout hard and spooked the trade, no doubt. Certainly this is the time of year bellies

Wanda Schott Patsche Pork Producer Commentary, How Food Fear is Spread and Why Words Matter, August 17 2017

At what point do we say enough is enough. Dr. Josh Axe published the second annual Chain Reaction II scorecard analysis of top restaurants on his website. The analysis supposedly highlights the “problem of routine antibiotic usage” in the meat and poultry operations that supply the nation’s top restaurant chains. The report is sponsored by organizations

Dennis Smith from Archer Financial Services, Livestock Markets, August 15 2017

    LEAN HOGS Cash came in mostly steady yesterday after being called lower. Aug hogs went off the board in quiet fashion at $84.45. The cutout was down .33 at $94.11. While the product has certainly been struggling of late, at the same time the cutout value has not cratered. Packer processing margins, in

Mike Brumm Pork Economist Commentary, Manure Pumping Time is Almost Here, August 14 2017

The manure pumping season is almost at hand for the majority of Midwest production sites. Yesterday while driving to a client’s site I met a semi-tanker manure transport vehicle. Last week I had a conversation with a client who was having storage issues and transferring manure between facilities to ‘get by’ until some application sites

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 from Archer Financial Services, Long Liquidation Remains Key Feature in Live Cattle, August 10 2017

  LEAN HOGS Cash hog prices were slightly lower yesterday, quoted down .50. We’re looking for a firm tone to finish the week. Weights have not started increasing yet and numbers, so far, remain below both last week and last year. The cutout was down .37 which is meaningless. Bellies were firm and butts are moving

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