By Martin Riordan – Sales Rep. Genesus Brazil Email mariordan@gmail.com The early July surge in pig prices was short-lived as the Russian ban on imports from the principal Brazilian pork plants began to bite. This lead to a massive drop... (Continue reading)
Lean hog futures were mixed Monday as investors weighed strength in cash markets against the broad-market sell-off. October hog futures rose 0.3 cent, or 0.3%, to 87.65 cents a pound in trading at the Chicago Mercantile Exchange. CME December hog... (Continue reading)
(Guide to Podcasting on farmdoc here) Play Now : MP3 (in page player) Download :MP3 (right click to ‘save as’)Subscribe: RSS/iTunes XML September 19, 2011 WILL THE CORN PRODUCTION FORECAST CHANGE? Corn prices have declined sharply so far in September. ... (Continue reading)
Download The Complete Report The US corn yield has dropped and this is expected to boost prices, according to the latest report from the USDA Economic Research Service. The US corn yield forecast for 2011/12 dropped 4.9 bushels per acre... (Continue reading)
Lean hog futures closed sharply lower on the day but were up a dime for the week. Cash hogs in IA/MN ended $0.63 higher, WCB hogs were $0.62 higher and ECB hogs were $1.69 higher. Pork trade was slow with... (Continue reading)
Meats Outlook CRB Research Team of Commodity Research Bureau – InsideFutures.com – Fri Sep 16, 10:51AM CDT An Excerpt from CRB’S Futures Market Service. LIVE CATTLE Cattle prices climbed to a 5-month high and are modestly below April’s all-time high. ... (Continue reading)
Download The Complete Report While coarse grain stocks are expected to be lower this month, wheat stocks are projected to be up, according to the latest USDA World Agricultural Supply and Demand Estimates. Livestock, Poultry and Dairy The 2011 forecast... (Continue reading)
By Ron Lane – Senior Consultant Genesus China Email srelane2002@yahoo.com China: it is the pork powerhouse of the world with over 51% of the world’s population of pigs being raised within China. Looking at the size of the breakdown of... (Continue reading)
Lean hog futures also mostly rose Wednesday as the complex continued to draw support from seasonal stability in cash hog prices. October hog futures rose 1.3 cents, or 1.5%, to 88.45 cents a pound in trading at the Chicago Mercantile... (Continue reading)
Download The Complete Report Market Comments Nearby hog futures rose 130 points on Wednesday to $88.45/cwt. as market participants were buoyed by cutout gains and reports that higher slaughter rates may help producers stay current going into the fall. Deferred... (Continue reading)
I’m hearing that pork packers are looking for hogs for Friday/Sat. Wednesday, September 14, 2011 by Dennis Smith of Archer Financial Services LEAN HOGS I continue to hear that packers are looking for and needing hogs. They came... (Continue reading)
U.S. lean hog futures closed mostly lower on profit-taking after recent gains and pressure from outside markets. CME lean hogs for August close down 0.575 cent, or 0.7%, to 86.75 cents a pound. Some deferred contracts closed higher. After climbing... (Continue reading)
(Guide to Podcasting on farmdoc here) Play Now : MP3 (in page player) Download :MP3 (right click to ‘save as’)Subscribe: RSS/iTunes XML September 12, 2011 SMALLER CORN CROP CONFIRMED The USDA’s September 12, 2011 Crop Production report confirmed expectations of... (Continue reading)