USA – Default

USA – Default

Margins improved to start the first half of January as hog futures recovered from setting new contract lows while a bearish USDA report for corn and soybeans initiated a new leg down in both markets, with fresh contract lows...
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...
Short holiday weeks and winter storms across the Midwest have impacted processing and resulted in tight spot supplies. Slaughter in the last three weeks has been under 2.3M head/week, about 300k head less per week than in early December. Steiner...
Philippe Mallétroit – Director for France and Africa Hog Market In France, as elsewhere in Europe, the pork meat trade, mainly linked to holiday season at the end of the year, remained dynamic for a large part of December on...
Fueled by record performances in Mexico, Central America and Colombia, November exports of U.S. Pork reached the highest value since mid-2021, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). November pork exports...
Fueled by record performances in Mexico, Central America and Colombia, November exports of U.S. pork reached the highest value since mid-2021, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). U.S. beef exports...
Hog slaughter continues to outpace estimates and, based on the latest ‘Hogs and Pigs’ survey results, slaughter should remain higher y/y through the spring and summer. Highlights Hog slaughter continues to outpace estimates and, based on the latest ‘Hogs and...
"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...
Chicago Mercantile Exchange lean hog futures set contract lows for a second consecutive session on Wednesday under pressure from ample supplies. U.S. pig farmers have been losing money for months due to weak prices for hogs and lackluster demand for...
Allan Bentley, Sales & Technical Manager Being this is a market commentary let start with that. Iso wean price last Friday was almost $35/head delivered. Last year it was $61. Everyone has a different breakeven, but I think we can...
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