Market showing signs of a change of direction. Outside days, reversals, & breaking trend lines could contribute evidence of the turn. Increasing volume would confirm the change whereas decreasing volume would indicate the move is temporary.
Walt Breitinger,
Breitinger & Sons, ...
Philippe Mallétroit, Genesus Manager, France
SPACE report
The SPACE show has just ended, after being held from Tuesday 13 to Thursday 15 September in Rennes, France. SPACE took place this year over three days instead of four days in previous years....
Margins improved over the first half of September as hog prices surged making new contract highs in deferred months while feed costs held relatively steady but remain firm. USDA released the September WASDE report which confirmed lower projected yields...
Chicago Mercantile Exchange lean hog futures ended higher on Friday as the market moved up toward cash prices, analysts said.
Canada no longer among best countries for retirement in one of worst years ever to retire
Canada no longer among best...
Genesus Global Market Report Canada
September 2022
Spencer Long of Genesus
Canada’s Prime Minister Justin Trudeau’s Liberal government's online consultation on the proposed 30% reduction of emissions on fertilizer closed at the end of August. This was an opportunity for people to...
Chicago Mercantile Exchange (CME) live cattle futures rose on Friday in tandem with higher equities and energy markets as a robust slaughter pace and concerns about reduced cattle supplies in the coming months fuelled buying, reported Reuters.
Packers have accelerated...
Market showing signs of a change of direction. Outside days, reversals, & breaking trend lines could contribute evidence of the turn. Increasing volume would confirm the change whereas decreasing volume would indicate the move is temporary.
Walt Breitinger,
Breitinger & Sons, ...
Allan Bentley, Genesus Sales, USA
I am going to piggyback on Jim’s earlier in the week comments. The estimates are 1.6 % less pork in the 4th quarter of 2022 than a year ago. Beef supplies in the next 1/4...
Chicago Mercantile Exchange cattle futures weakened on Wednesday as quiet trade on the cash market fortified concerns about light demand, traders said.
Hog futures were narrowly mixed, with short-covering providing support, while worries that a firm U.S. dollar will chill...
Rabobank reported the beginning of a new upward cycle for China’s pork industry, which is expected to have less price volatility, more government monitoring and a shorter lifespan than previous cycles. According to the report, between January 2003 and...