Chicago Mercantile Exchange (CME) lean hog futures fell to their lowest level since February, pressured by solid US production on Tuesday. Meanwhile, live cattle futures hit their highest price since March, according to analysts cited by Reuters.
The hog market...
The StoneX Livestock Insurance Minute, featuring Gavin McPherson, discusses the importance of managing risk in livestock production. He highlights how livestock insurance can protect producers against unexpected events like fluctuations in market prices. Gavin emphasizes the role of insurance...
Highlights
USDA forecasts a modest decline in per capita availability in 2025 but still near the long run average of the last 15 years.
Hog slaughter has been steady in the last four weeks. Expectations are for slaughter to...
Margins deteriorated over the first half of May on a combination of lower hog prices and higher projected feed costs. Massive commodity fund short covering in corn and the soybean complex following record flooding in southern Brazil caused both...
The national average liveweight price in Mexico is MX$36.70/kg (US$0.98/lb).
JALISCO $35.20/kg (US$0.94/lb)
GUANAJUATO $35.75/kg (US$0.96/lb)
YUCATÁN $46.00/kg (UD$1.23/lb)
SONORA $29.83/kg (USD$0.79/lb)
Mexican Pork Industry Vision Ahead
The Mexican Pork Producers Organization (Opormex) has recently presented its Vision 2035, marking a significant step for...
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...
Live Cattle futures and Lean Hog futures trade lower. Feeder Cattle futures firm up. Virginia McGathey has more. Learn More: https://www.cmegroup.com/markets/agri...
Livestock futures rally across the board, with June Live Cattle futures closing up 65 cents.
Oliver Sloup discusses. Learn More: https://www.cmegroup.com/markets/agri...
James Mintert and Michael Langemeier, Purdue Center for Commercial Agriculture
A breakdown on the Purdue/CME Group Ag Economy Barometer April results can be viewed at https://purdue.ag/barometervideo. Find the audio podcast discussion for insight on this month’s sentiment at https://purdue.ag/agcast.
Download report...
Higher pork exports in Q1 resulted in a 1.7% decline in domestic availability despite higher slaughter/production.
Highlights
Higher pork exports in Q1 resulted in a 1.7% decline in domestic availability despite higher slaughter/production.
Lean hog futures have declined in the...