Alan Brugler - Barchart - Thu May 4, 4:45PM CDT The May and July hog contracts were triple digits weaker at the close on Thursday. The other front months were also red, going home down by 35 to 95 cents. USDA quoted the...
The U.S. Department of Agriculture (USDA) today announced it will begin providing additional, automatic financial assistance for qualifying guaranteed Farm Loan Programs (FLP) borrowers who are facing financial risk. The announcement is part of the $3.1 billion to...
Demand uncertainties rise as consumers face mounting pressures. With inflation outpacing wage growth, lower real wages are expected to negatively impact protein consumption in Q4 2022 and 1H 2023. Value-conscious consumers are already seeking out lower-value cuts, trading down from...
Farm Credit Canada (FCC) is offering support to hog sector customers in Ontario, Quebec and the Atlantic provinces facing financial hardship as a result of the current crisis in the hog industry. Hog industry partners have faced numerous challenges in...
Global pork trade should pick up in the second half of 2022. A slight easing of feed costs and resilient consumer demand are improving market prospects. Still, challenges to growth remain as African swine fever continues to spread and...
Hog prices remain under pressure as YTD slaughter has run ahead of expectationsbased on USDA inventories. Average weekly slaughter of 2.5m through mid-Feb reflects acatch-up following lower Q4 2022 slaughter and packers killing ahead. Prices remain belowexpectations given larger...
The pig sector has again called for 'desperately-needed' price increases as production costs for producers rose even further last month. The average cost of production for pig producers reached 240p per kg in May, up 10p from the April figure...
Supply is expected to be tight in Q1, with consumption facing uncertainty. Tighter supply in exporting countries will likely limit global pork trade. On the demand side, rising inflation and high stock accumulated in 2022 will pressure import needs. Slowing...
Interest rates on farm loans increased sharply in the third quarter. Interest rates on farm loans increased sharply in the third quarter. Despite the higher borrowing costs, farm real estate values continued to increase, but the acceleration eased somewhat. Following...
Weaker economic growth is beginning to take a toll on global pork consumption. Despite early signs that the worst of the inflationary impact may have already passed, the lagged impact on consumption is likely to be felt throughout 2023. In...
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