Margins were mostly flat over the first half of February, with limited movement in the hog and feed markets. USDA released the monthly WASDE report which updated supply and demand estimates for corn, soybeans, and pork. Commercial pork production...
Spencer Long of Genesus
Challenges remain in the Canadian pork industry with high input costs that are impacting profitability for producers. Pork exports to the US remain high and the need for US packers to fill voids in capacity. Olymel,...
A trend should be assumed to continue in effect until such time as its reversal has been signaled...
-Charles
Walt Breitinger, Paragon Investments, Inc.
DBA Breitinger & Sons, Commodity Futures Brokers
800.411.FUTURES (3888)
www.indianafutures.com
Philippe Mallétroit – Director for France
Hog Market: higher prices
Clearly the drop in production is well felt in Europe. In France, during the month of January the hog price has gained 0,206 € per kg carcass (about 19.5 € per...
Chicago Mercantile Exchange cattle futures firmed on Wednesday, supported by tightening cattle supplies and strong cash trade that continue to push front-month futures to near 8-year highs.
“The cash price outlook right now is very firm,” said Doug Houghton, technical...
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)
www.indianafutures.com
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.