A head and shoulders top consists of a left shoulder, a higher move up forming a head, and a right shoulder formed when prices rally but remain below the central peak (head). Recognizing this bearish formation depends upon breaking...
Farmscape for March 3, 2022
Full Interview 7:12
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The Director of Risk Management with HAMS Marketing Services expects tight North American hog supplies and potential increased pork demand from China to limit the impact of Russia's invasion of...
Philippe Mallétroit – Director for France, Genesus Inc.
As most of the European pig producers, French pig producers are facing low pig prices and feed prices increase for many months. In France, the feed price average for the last ten...
Margins weakened over the second half of February as an ongoing rally in both corn and soybean meal more than offset a slight increase in hog prices. The hog market remains supported by lower hog slaughter and pork production...
Chicago Mercantile Exchange feeder cattle futures dropped to a four-month low on Tuesday and live cattle futures eased as Wall Street tumbled, traders said.
A surge in prices for grains used for livestock feed added pressure on feeder cattle, traders...
Farmscape for March 1, 2022
Full Interview 7:12
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The Director of Risk Management with HAMS Marketing Services is advising pork producers to focus on risk management strategies amid the market volatility being created by Russia's invasion of Ukraine....
Simon Grey, General Manager Russia, CIS and Europe, Genesus Inc.
Current pig price in Russia is 109 Roubles ($1.39) per live kg. Thinking about it, it’s a strange thing that when doing a market report we are looking at farm...
A price channel consists of two parallel trend-lines providing support (bottom) and resistance (top) lines that contain price fluctuations. Channels may be bullish (slanting upwards), bearish (slanting downwards), or neutral (horizontal). If you know others who would like to...
Margins continued to strengthen over the first half of February as a further surge in hog prices more than offset a similar climb in projected feed costs. Both cash hog prices and pork cutout remain supported by weekly slaughter...
Markets and Where Are We Heading
February 2022
By Allan Bentley, Sales, Genesus Genetics Inc.
I said it in December, summer hogs are going to hit $120. I still see nothing that is going to change my mind. Disease hits every year...