Another week and another USDA update on weaned pig prices. We visit with Steve Toohill, Business Development Manager for the Carthage System as he shares his insight for how the weaned pig market has evolved over the last week....
"Charting is a little like surfing. You don't have to know a lot about the physics of tides, resonance, and fluid dynamics in order to catch a good wave. You just have to be able to sense when it's...
Chicago Mercantile Exchange live cattle futures closed higher on Monday, bouncing off a three-week low on technical buying, analysts said.
CME February live cattle settled up 0.775 cent at 138.850 cents per pound, rebounding after a dip to 136.850 cents,...
Farmscape for December 1, 2021
Full Interview 6:31
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The Director of Risk Management with HAMS Marketing Services reports, while the cash hog market continues to face pressure, the futures market looks good. With U.S. hog numbers running three to...
Chicago Mercantile Exchange lean hog futures slipped on Tuesday, as uncertainty over Chinese pork demand continued and animal weights were expected to increase on cooling U.S. temperatures, analysts said.
Meanwhile, Chicago’s cattle futures firmed a bit on Tuesday, amid steady...
CHINA -
Source: Dalian
Nationwide China
10/30/2021
16.33
10/29/2021
15.96
Pork prices: The wholesale price of white striped pigs in the fourth week of October monitored by the Ministry of Commerce changed from falling to rising. The price of live pigs has continued to rise sharply, and the consumption...
Source: Farm Policy News
In an update from the Federal Reserve Bank of Kansas City earlier this month (“Larger Livestock Loans Boost Farm Lending“), Nathan Kauffman and Ty Kreitman stated that, “Demand for livestock loans grew in the third quarter, boosting...
Margins deteriorated over the first half of October as a drop in hog prices more than offset the savings from steady to weaker projected feed costs, particularly in nearby marketing periods. CME hog futures have been pressured recently from...
Source: Pipestone
Responsible antibiotic use is a subject American pig farmers are accustomed to. Consumers expect it and packing plants require it. Utilizing resources through PIPESTONE, Sturtevant Feedlots has taken their antibiotic stewardship to the top of the industry.
Scott Sturtevant...
The total number of pigs in the United States, recorded on 1 September, was 75.4 million head, according to the USDA. This is a reduction of 4% compared to the same date a year ago, but 1% more than...