Margins were mixed over the second half of January, deteriorating further in spot Q1 while holding steady to improving in deferred marketing periods. Nearby margins have been under pressure as hog slaughter and pork production are running higher than...
Allan Bentley, Genesus Sales & Technical Manager, USA
The Iowa Pork Congress is in our rearview mirror. There is always a lot to learn at that show. There are a lot of products to get weaned pigs to start quicker....
Walt Breitinger, Paragon Investments, Inc.
DBA Breitinger & Sons, Commodity Futures Brokers
800.411.FUTURES (3888)
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Genesus Global Market Report China
January 2023
Lyle Jones, Genesus Director of Sales, China
Looking back at China pig prices in 2022, slaughter pig prices dropped from 16 yuan/kg in January to a low of 11.98 yuan / kg March 18, 2022....
Source: USDA
The Livestock, Dairy, and Poultry Outlook for January 2023 analyzes economic impacts on animal product markets of month-to-month changes in USDA's World Agricultural Supply and Use Estimates report.
To view the report click here.
Margins deteriorated sharply over the first half of January following a steep drop in hog prices while projected feed costs were steady to higher. Hog futures are down around 13% since the beginning of the year and have been...
A price channel consists of two parallel trend-lines providing support (bottom) and resistance (top) lines that contain price fluctuations. Channels may be bullish (slanting upwards), bearish (slanting downwards), or neutral (horizontal).
Mercedes Vega, General Director for Spain, Italy & Portugal
We have closed the year 2022 and the truth is that it has been an extremely complicated year in which unprecedented situations have arisen that we can remember:
The price of...
November exports of U.S. pork were the largest of 2022 in both volume and value, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). November beef exports were below the large year-ago totals,...
China's agriculture ministry urged farmers on Wednesday to take measures to reduce excess pork output and pressure on prices, which an official said have fallen below the cost of breeding due to weak consumption.
China is the world's top pork...