Margins deteriorated sharply over the first half of January following a steep drop in hog prices while projected feed costs were steady to higher. Hog futures are down around 13% since the beginning of the year and have been...
A price channel consists of two parallel trend-lines providing support (bottom) and resistance (top) lines that contain price fluctuations. Channels may be bullish (slanting upwards), bearish (slanting downwards), or neutral (horizontal).
Mercedes Vega, General Director for Spain, Italy & Portugal
We have closed the year 2022 and the truth is that it has been an extremely complicated year in which unprecedented situations have arisen that we can remember:
The price of...
November exports of U.S. pork were the largest of 2022 in both volume and value, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). November beef exports were below the large year-ago totals,...
China's agriculture ministry urged farmers on Wednesday to take measures to reduce excess pork output and pressure on prices, which an official said have fallen below the cost of breeding due to weak consumption.
China is the world's top pork...
Hog market 2023 outlook: The futures market is pricing a strong profit. May Lean Hog (HEK3) is quoted at 95.325, +20% over the cash market price. July and August contracts are $10 more. China reopening could boost pork exports...
China's pork output increased 4.6% in 2022 from 2021 to reach its highest level since 2014, official data showed on Tuesday, confounding some expectations for a smaller rise.
Pork output in the world's top producer of the meat reached 55.41...
Chicago Mercantile Exchange live cattle futures ended mostly firm on Friday, underpinned by tight supplies and as harsh winter weather in recent weeks lowered cattle slaughter weights and limited beef production, traders said.
Live cattle futures prices remained bound in...
Paul Anderson, General Manager South East Asia - International Sales Manager - Genesus Inc.
Philippines
Genesus Philippines F1 gilt delivery
Throughout the Christmas season, as production cost continues to rise, the swine farmers in the Philippines barely felt the increase in live-weight...
USDA released the Q4 Hogs and Pigs Report on Dec. 23. NPB invited 3 economists to provide narrative and answer producer questions related to the report.
“Breeding herd size and expected farrowings offer some direction for supply later in 2023....