USA – Default

USA – Default

Mercedes Vega, General Director for Spain, Italy & Portugal mvega@genesus.com We have closed the year 2023 and certainly, its results have had nothing to do with those of 2022. It has been an excellent year for production: Source: SIP Consultors We have had...
In January 2024, the swine industry witnessed a remarkable shift, with pork belly prices driving the estimated wholesale carcass cutout to levels surpassing the previous year. This surge, not observed since December 2022, propelled the average cutout value to...
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...
Paul Anderson, Genesus Southeast Asia paul.anderson_genesussoutheastasia@outlook.com Philippines The Philippines local swine industry is on-track in increasing the local pork supply in the country as the repopulation of swine farms is set to increase and continue in the coming months. It’s no secret that...
Pork supply has recovered, with slaughter over 2.6M consistently in the last four weeks. Since December 1 slaughter is up by more than 3% y/y, double the rate of increase indicated by the inventory survey. Steiner and Company produces the...
2023 Sets New Records in Pork Exports Pork exports experienced a remarkable surge in December 2023, contributing to a historic year for the industry. The National Pork Producers Council (NPPC) reported a remarkable 10% increase from the previous year, reaching...
A spread chart depicts the difference between two contacts or different months of the same contract. Walt Breitinger, Paragon Investments, Inc. DBA Breitinger & Sons,  Commodity Futures Brokers 800.411.FUTURES (3888) www.indianafutures.com
Genesus Global Market Report  Europe February 2024 Simon Grey General Manager Europe, Genesus Inc. We are our own worst enemies!!! Anyone looking at the weekly global market report from another industry would ask “why would anyone be a pig farmer?” Week after week...
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...
Margins continued to improve over the second half of January as hogs rallied while projected feed costs held steady. Hog slaughter and pork production have started the year well below 2023 which has caused shortages in the spot market...
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