USA – Default

USA – Default

Forward margins strengthened since the end of October on higher Lean Hog futures while trends in projected feed costs were mixed with relatively flat corn prices as soybean meal recently spiked. Labor constraints are beginning to exert more impact...
Live pig prices: The weekly average price of live pigs continued to rise month-on-month this week, mainly due to weak fluctuations. The price of live pigs continued to rise this week. Jilin was 7.80-8.10 yuan/catties, an increase of 0.16 yuan/catties...
November 2021 Fernando Ortiz, Ibero-America Business Manager, Genesus Inc. fortiz@genesus.com Inflation and Consumer’s Pork Price Mexico, like most countries, has also been affected by unprecedented inflation. The price index of the basic food basket increased 8.3 percent last month compared to the same...
CME Group lean hog futures rallied on Tuesday, supported by fund buying and expectations that supplies will begin to tighten in the coming weeks, traders said. Live cattle futures eased slightly for the second day in a row as the...
Agricultural credit conditions in the Tenth District remained strong in the third quarter and farm real estate values increased sharply. Agricultural credit conditions in the Tenth District remained strong in the third quarter and farm real estate values increased sharply....
Chicago Mercantile Exchange lean hog futures ended lower on Thursday, retreating near the close on technical selling and soft cash hog markets, traders said. The CME’s lean hog index, a two-day weighted average of cash hog prices, fell 0.51 cent...
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, ...
November 2021 Philippe Mallétroit, Director France, Genesus Inc. Pork prices don't seem to get any better in Europe. First week of November showed no significant change in Europe’s hog markets, despite being reduced to only 4 working days in some countries...
U.S. Animal Protein Needs Trade Negotiators Back at the Table By Brian Earnest November 2021 Key Points In the past two decades, U.S. animal protein exports have grown from $7.4 billion to $20.7 billion, driven by industry marketing and government trade negotiations....
November 2021 Bob Fraser – Sales & Service, Genesus Ontario bfraser@genesus.com In my last commentary eight weeks ago, I reviewed some of the challenges to the Canadian pork processing industry, particularly in Ontario. Unfortunately, those challenges seemingly have now gone from bad...
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