"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...
Genesus Global Market Report China, June 2021
Lyle L. Jones
Genesus Director of Sales, China
China Pig and Pork prices have dropped for 20 consecutive weeks, triggering a third level alert by the National Development and Reform Commission. The recently formed commission...
Global hog prices are sharply higher in most markets, as processors scramble to find adequate supplies. Higher disease losses in key growing regions, along with the lagged impact of industry liquidation during the pandemic, have limited available hog supplies....
Chicago Mercantile Exchange (CME) lean hog futures fell by an exchange-imposed limit for a second consecutive session on Thursday as commodities declined broadly.
Selling by index funds fueled losses in markets from hogs to cattle and corn, after the U.S....
Margins were relatively flat over the first half of June as a selloff in hogs and the feed markets were largely offsetting. The hog market is starting to wobble as high prices appear to be denting demand, which remains...
Genesus Global Market Report
Europe and Spain, June 2021
Mercedes Vega
General Director for Spain, Italy & Portugal
mvega@genesus.com
Until now in Europe the market was divided -there were those who could export to China - Spain, and those who could not - Germany....
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.
Thailand
Export ban and Covid-19 hit pig price in Thailand
Pig price in Thailand plunged 15% in the last two weeks of May 2021, from THB 80/ kg...
"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...
Fernando Ortiz-H,
Philippe Mallétroit – Director, Genesus Inc. in France.
Since our last report in March, hog market price continue to increase in France. That’s a good thing, because it was necessary to counterbalance the increase in the feed price. Indeed,...