A gap is a hole in prices which occurs when the current day’s high is below the previous day’s low or when the current days low is above the previous day’s high. Gaps indicate a sudden change of direction...
Genesus Global Market Report Europe and Spain, August 2021 Mercedes Vega General Director for Spain, Italy & Portugal mvega@genesus.com 2021 is the first year when we see summer prices going down week by week. In the last report, 8 weeks ago, Spain was at...
August 2, 2021 In today’s fast-paced world where everyone is connected to the 24-hour news cycle, it can be difficult to tune out noise and opinions. The constant influx of COVID-19 headlines, weather maps for crop production regions, estimates of...
"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 South-East Asia, August 2021 Paul A. Anderson General Manager South East Asia - International Sales Manager - Genesus Inc. Thailand. Covid-19 hits pig price. Pig price in Thailand plunged in July after a new outbreak of Delta-variant Covid-19 forced many...
by: Fernando Ortiz, Genesus Ibero-American Bussiness Development fortiz@genesus.com Mexico’s hog industry has had an unusual start to 2021, with expectations of greater growth in production, which in the end have turned to the opposite, due to different factors. Rising herd health...
Great volatility in Chinese hog and pork prices is rippling through the global market. China’s slaughter rates were unexpectedly high in Q2, pushing pork production up 35.9% YOY in 1H, according to official data. The sudden supply increase resulted...
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, ...
by: Philippe Mallétroit, Director France, Genesus Inc. After preserving price stability during the first 5 markets of June with an average price of 1.547 € per kg carcass, the hog market in France has finally followed the very downward trend...
Margins improved over the first half of July following a combination of higher hog prices and lower feed costs. Strength in the pork cutout has been supportive of Lean Hog futures, which have climbed about $5/cwt. since the beginning...
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