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, ...
Paul A. Anderson,
General Manager South East Asia / International Sales Manager, Genesus Inc.
Philippines
Lately, retail prices of basic necessities in the National Capital Region of the Philippines such as pork and chicken have increased significantly due to the threat of...
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...
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...
Margins deteriorated over the last half of June as a continued selloff in the hog market combined with a resumption of higher trade in feed markets at the end of the month to squeeze forward profitability. USDA released a...
Chicago Mercantile Exchange cattle futures tumbled on Monday as investors reduced risk and after the U.S. Department of Agriculture (USDA) last week confirmed producers placed more animals into feedlots in December, analysts said.
The USDA said cattle producers placed 1.96...
Fernando Ortiz-H. Genesus Ibero-America Business Development
Mexican Pork Market
The outlook for pork exports in the coming months seems encouraging, since the countries of the European Union continue with a declining pork production, China presents a domestic market with higher prices.
...
The highest hog slaughter since early January and the increase in supply pressured pork prices lower overall, with retail product seeing the biggest impact.
Steiner and Company produces the Profit Maximizer report on behalf of National Pork Board based on...
Allan Bentley, Sales, Genesus Genetics
Christmas holidays have never been an easy time to get market loads of butchers or cull sows to packers. The fact Christmas is on Saturday should help a little but it will still be challenging....
Margins weakened over the second half of February as an ongoing rally in both corn and soybean meal more than offset a slight increase in hog prices. The hog market remains supported by lower hog slaughter and pork production...