Margins continued to weaken over the first half of April as corn prices advanced while soybean meal traded sideways and hogs are back to where they started the month following a sharp selloff. Traders continue to monitor the evolving...
Philippe Mallétroit, Director France, Genesus Inc.
Price Boom
Since our last report six weeks ago, hog market prices increased to a great extent in France.
Marché du Porc Breton (the main hog market in France) recorded maximum increases at many sales sessions....
Every Sunken Ship has a Chart
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Walt Breitinger, Commodity Futures Broker
“Pinion Futures, LLC d/b/a Breitinger & Sons”
800.411.FUTURES (3888)
www.indianafutures.com
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...
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For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar...
By Lyle L. Jones, Director of Sales China, Genesus Inc.
We have been expecting for some time pig prices in China to begin improving in the second quarter 2022, due to liquidation that started last July 2021. Based upon on...
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...
Spencer Long of Genesus
With pork prices at record levels or approaching new records throughout Europe – Canadian producers are still reeling. Losses continue, and pain persists. We need a pendulum swing. The dramatic difference in price between Canada and...
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December 2021
As we enter the third year of the COVID-19 pandemic, the virus is still in control of the economy. However, labor and supply chain challenges should improve slowly through the year, while cost inflation will...
The USDA's Quarterly Hogs and Pigs report shows signs of further contraction as producers seek to boost profitability, even as the industry tries to meet strong demand expectations.
On September 1st, the total U.S. inventory was 75.352 million head, down...