Allan Bentley, Sales & Technical Director, USA
Many of my discussions with Jim Long revolve around markets. That is actually how we met when I answered an email. Always remaining respectful I have disagreed at times. Not lately. My only...
In this economic update, learn about the key issues and challenges in the current pork markets and how teams at the Pork Board are supporting market development.
The May 2023 Economic Update will provide you with the most up-to-date economic...
Source: USDA news release
The Livestock, Dairy, and Poultry Outlook updates price and production information from the previous month and analyzes its current and forecast effects on markets.
To read entire report, Click Here
Bear flags are often highlighted as indications of small corrective moves in an otherwise larger price trend.
Walt Breitinger
Breitinger & Sons, Commodity Futures Brokers
800.411.FUTURES (3888)
www.indianafutures.com
Lyle Jones, Genesus Director of Sales, China
China’s Hog Market is a tough one for producers. A quick glance at the price trend graph below shows slaughter prices have remained all but unchanged for the last 30 days. Last Friday’s...
Margins weakened over the first half of May as lower hog prices more than offset steady to declining feed costs. In a significant blow to the pork industry, the Supreme Court ruled to uphold California’s Proposition 12 by a...
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...
Mercedes Vega, General Director for Spain, Italy & Portugal
We have started the month of May and if we analyze the situation, the truth is that due to various circumstances that have occurred over time, all the molds that have...
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...
March was another terrific month for pork exports –the largest since May 2021. These results capped a strong first quarter for U.S. Pork as exports reached 716,691 metric tons (mt), up 14% from a year ago and valued at...
