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...
An increased understanding of essential amino acid requirements has led to the ability to reduce dietary protein content while maintaining animal performance. However, it is possible that non-essential amino acids/dietary nitrogen may become limiting in low protein diets. A...
MORNING LIVESTOCK REPORT
By Dennis Smith
312-242-7905
Wednesday, October 6, 2021
CORN AND SOYBEANS:
Cash palm oil prices soared overnight, again. Palm oil futures closed sharply higher and they reside at record high territory. We’re long bean oil and nailed it. We actually added on the re-open yesterday and now recommend placing break-even stops...
Morning Livestock Report
By Dennis Smith
312-242-7905
Tuesday, October 5, 2021
CORN AND SOYBEANS:
The big story overnight is the explosion higher in palm oil prices. Cash palm oil was quoted sharply higher and record high. Futures soared into new all-time highs. Dec soybean oil went from lower to sharply...