USA – Default

USA – Default

MORNING LIVESTOCK REPORT   By Dennis Smith   312-242-7905  Friday, October 22, 2021  GRAINS:  The most significant news overnight is that Russia is increasing, again, their export tax on wheat to slow down exports and protect or reduce domestic flour prices. Paris wheat futures are trading at contract highs. KC wheat is within a whisker of contract...
After living with Mycoplasma hyopneumoniae (M. hyo) for years, producers now know that maintaining a stable M. hyo status is key to reducing the disease’s impact. “The more we know about M. hyo, the more we realize how important it...
MORNING LIVESTOCK REPORT   By Dennis Smith   312-242-7905  Tuesday, October 19, 2021  GRAINS:  We are having success exiting the bullish corn positions with small profits. We’re holding mostly March bullish three-way risk reversals. These were established between even money and a 5-cent premium outlay. We’re exiting at 7 cents and higher. Corn prices are slightly higher...
Reuters writer Dominique Patton reported this week that, “China’s third-quarter pork production surged to its highest in three years, official data showed on Monday, after producers built thousands of large breeding farms last year to rebuild a hog herd...
Feed economics With feed costs making up 70% of total costs of production on average, it is not surprising that ways to reduce the cost of feed is foremost in producer’s minds, especially during times of reduced availability of common...
In its Livestock and Poultry: World Markets and Trade report this week, the USDA’s Foreign Agricultural Service (FAS) indicated that, “China pork production is expected to contract in 2022 as the hog sector adjusts to rapidly changing market conditions....
I was THAT person growing up. The one with no understanding of agriculture or farming. My meat came from the grocery store and if social media was how it is now, I would’ve believed all the misinformation that is...
MORNING LIVESTOCK REPORT   By Dennis Smith   312-242-7905  Monday, October 11, 2021  CORN AND SOYBEANS:  Not much happening in the grain market overnight. The crop report will be released tomorrow at 11:00. The trade guesses were provided in Friday’s evening livestock wire. My buy zone in the Dec...
“We put a lot of time and attention on day-1 pig care, but we also need to recognize that sow care is an important component of it,” reported Laura Carroll, DVM, Four Star Veterinary Service in Elizabethtown, Pennsylvania. “I’m a...
MORNING LIVESTOCK REPORT  By Dennis Smith   312-242-7905  Friday, October 8, 2021  CORN AND SOYBEANS:  Palm oil cash and futures ripped into fresh contract highs and all-time record highs overnight. Soybean oil is following suit. However, soybean oil prices remain $12 under their all-time highs set earlier this year. Compared...
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