By Lyle L. Jones, Director of Sales China, Genesus Inc.
We have been expecting for some time pig prices in China to begin improving in the second quarter 2022, due to liquidation that started last July 2021. Based upon on...
Source: Pork Checkoff
Profit Maximizer Report
Steiner and Company produces the National Pork Board Newsletter based on information we believe is accurate and reliable. However neither NPB nor Steiner and Company warrants or guarantees the accuracy of or accepts any liability...
To “Read” Walt’s charts, keep the following in mind:
Support – this term refers to a trend line or price area under the market which is expected to hold the market from potential decline.
Resistance- a price area or trend line...
The Livestock, Dairy, and Poultry Outlook for May 2022 analyzes economic impacts of month-to-month changes in USDA’s World Agricultural Supply and Use Estimates Report on domestic and international markets for beef, pork, lamb, poultry, eggs, and dairy products.
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July Hogs may now be forming a head and shoulders bottom. A close over 108.50 would add confirmation.
Walt Breitinger, Paragon Investments, Inc.
DBA Breitinger & Sons, Commodity Futures Brokers
800.411.FUTURES (3888)
www.indianafutures.com
Genesus Global Market Report
Spain
May 2022
Mercedes Vega, General Director for Spain, Italy & Portugal
mvega@genesus.com
The situation of the Pig Sector continues to be complicated throughout the EU:
The price evolution over the last six months is good.
Source: Mercolleida
Good price evolution does not...
Chicago Mercantile Exchange lean hog futures rose for a third consecutive session on Tuesday as the market continued to recover from oversold conditions, traders said.
Live cattle and feeder cattle futures ended lower.
Short-covering helped propel hog futures higher following recent...
Hog Margin Watch: May Margins deteriorated further over the first half of May due to a combination of lower hog prices and steady to higher projected feed costs. A continued weakening in the pork cutout is weighing on the...
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, ...
CME Group lean hog futures on Wednesday fell to their lowest prices since January amid concerns about demand for U.S. pork, analysts said.
Inflation and a decline in U.S. pork exports to China, the world's top pork consumer, are hurting...