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Margins deteriorated over the first half of March as a drop in hog prices more than offset a continued selloff in corn futures while soybean meal held mostly steady. USDA did not make any significant adjustments to the pork...
Triangles may be outlined in order to indicate a contraction of highs and lows coiling for a later break-out in price direction.
Mercedes Vega, General Director for Spain, Italy & Portugal At the beginning of the year, looking at how our market was going, we observe that the prices were rising, but the truth is that we did not think that it...
U.S. pork exports, which posted a strong finish in 2022, maintained momentum in January, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). U.S. beef exports were record-breaking in 2022 but slowed late...
Paul Anderson, General Manager South East Asia - International Sales Manager As the first quarter of the year comes to an end, a new challenge emerges in the country’s swine industry. The Philippines Hog industry was once again alarmed as Cebu...
"Charting is a little like surfing. You don't have to know a lot about the physics of tides, resonance, and fluid dynamics in order to catch a good wave. You just have to be able to sense when it's...
Simon Grey, General Manager of Genesus Europe There are officially 44 counties that are in Europe, 27 of these are in the EU. Each country is individual with its own market requirements. The comments in this report are general. Across Europe...
Chicago Mercantile Exchange live cattle futures consolidated on Friday after setting a string on contract highs recently, while lean hog futures eased. The cattle market looks ripe for a correction after futures rose this month on tightening U.S. supplies, brokers...
Fernando Ortiz, Genesus Ibero-American Business Development Manager Mexican liveweight national average price remains down 1.35% weekly, while the price of carcass meat does not present weekly changes, with a price of $56.24 per kilo ($1.38/lb). Current national average price is...
Chicago Mercantile Exchange lean hog futures surged more than 4% on Tuesday, with the benchmark April contract hitting a six-week top following a jump in wholesale pork prices over the long U.S. holiday weekend, traders said. Live cattle futures also...
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