Chicago Mercantile Exchange live cattle futures rose on Tuesday on bargain-buying, a day after the October contract hit a 3-1/2 week low, traders said. A setback in prices for corn, a key feedgrain, added support. But rallies were capped by broad...
Lyle Jones, Genesus Director of Sales, China Pig prices in China have resumed its upward trend resulting liquidation that began last July resulting in at least 10 months of decreased production capacity. Slaughter pigs closed Friday August 26th at 22.44...
Interactive summary and highlights of the August 2022 Outlook for U.S. Agricultural Trade. USDA- Economic Research Service (August 30, 2022- http://go.usa.gov/xHpWN). On Tuesday, the USDA released its Outlook for U.S. Agricultural Trade, a quarterly report from the Department’s Foreign Agricultural...
United States and Canadian inventory of all hogs and pigs for June 2022 was 86.5 million head. This was down 1 percent from June 2021 and down 6 percent from June 2020. The breeding inventory, at 7.42 million head,...
Genesus Global Market Report EU and Spain August 2022 Mercedes Vega General Director for Spain, Italy & Portugal mvega@genesus.com   Spain has been beating, week by week, the historical record of its selling price, reaching 1.707 €/ kg live.   But not only are we breaking historical...
Pork/Hogs: High 2022 prices for hogs and pork are largely attributable to supply factors, unlike 2021, when prices were mostly driven by pandemic-related changes in consumer pork demand. Pork production for 2022 is expected to decline 2.2 percent from...
Chicago Mercantile Exchange (CME) hog futures edged higher on Monday, with the market recovering after hitting its lowest in nearly six weeks on Friday, reported Reuters, citing traders. But gains were kept in check by poor exports and ample supplies...
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...
Pork market is hot and cash hog prices are near record levels, but does that warrant current fall premiums? Steiner and Company produces the Profit Maximizer report on behalf of National Pork Board based on information we believe is accurate...
Margins strengthened further over the first half of August as despite relatively flat trade since the end of July, hog futures gained on projected forward feed costs. The cash hog market continues to hold firm contra-seasonally as demand for...
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