Source: Bloomberg
Live pig futures in China, the world’s biggest hog producer, surged by their daily limit to the strongest level in two months amid optimism over a seasonal increase in demand. Apple futures jumped to their highest in a...
Allan Bentley, Sales, Genesus Inc.
abentley@genesus.com
Futures have slipped with over $10/cwt. My chart-watching friends have told me the fact that a gap has occurred after the last report and we are now back at pre-report levels, is not a good...
"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...
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...
A gap is a hole in prices which occurs when the current day’s high is below the previous day’s low or when the current days low is above the previous day’s high. Gaps indicate a sudden change of direction...
Lyle L. Jones, Director of Sales for China, Genesus Inc.
“Too pessimistic to be more pessimistic” is the way one publication described it. There certainly has been a lot for pork farmers in China to be pessimistic about recently. Our...
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Businesses of all sizes and across most industries are wrestling with perhaps the worst supply chain bottlenecks to date.
Entering the final quarter of 2021, the U.S. economy and rural industries seem to be transitioning into yet another...
Farmscape for October 8, 2021
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The Director of Risk Management with HAMS Marketing Services reports, despite ongoing challenges resulting from COVID, domestic demand for pork has remained exceptional. The U.S. Department of Agriculture's quarterly Hogs and...
Mercedes Vega
General Director for Spain, Italy & Portugal
mvega@genesus.com
Fifteen days ago, Genesus was an exhibitor at FIGAN, Spain. We had the opportunity to meet again with many people withing the industry. The truth is that we had our doubts the...
Market showing signs of a change of direction. Outside days, reversals, & breaking trend lines could contribute evidence of the turn. Increasing volume would confirm the change whereas decreasing volume would indicate the move is temporary.
Walt Breitinger,
Breitinger & Sons, ...