Paul A. Anderson
General Manager South East Asia / International Sales Manager, Genesus Inc.
Philippines
Average live weight prices (national) seem to be on an upward trend from January to this writing. Price for the locally produced pork seemed to hold for...
Chicago Mercantile Exchange cattle futures fell on Monday as traders took positions ahead of a U.S. government report later this week that was expected to show burgeoning supplies.
“There is a little bit of concern about excess supplies and large...
Bright spots for January pork exports include Mexico, Korea, Dominican Republic
Last year Mexico reclaimed its position as the leading destination for U.S. pork exports, taking nearly 875,000 mt valued at $1.68 billion. This strong performance continued in January, with...
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...
Chicago Mercantile Exchange lean hogs and feeder cattle futures fell on Thursday on a flurry of technical trading, as feed prices rebounded and investors scrambled to find stable footing amid continued volatility in the commodity markets.
Live cattle inched up,...
Margins improved over the first half of March as continued strength in the hog market more than offset the impact from rising feed costs as both corn and soybean meal increased in price. USDA lowered their 2022 pork production...
Chicago Mercantile Exchange cattle futures climbed on Tuesday as investors looked for safety amid weaker broader markets.
“With oil prices giving up gains the last couple days, the reverse happened in cattle,” said Altin Kalo, Economist at Steiner Consulting Group.
CME’s...
Fernando Ortiz-H , Ibero-America Business Development Manager, Genesus Inc.
Apparently, the 2019-2020 expansionary acceleration of the Mexican pork industry has hit the brakes this year. While states as important in pork production as Jalisco saw their number of pigs on...
Chicago Mercantile Exchange cattle futures rebounded from multi-month lows on Monday, while hog futures eased on follow-through selling after notching a limit-down decline on Friday.
Live cattle futures snapped an eight-session losing streak that saw the April contract shed 7%...
China's meat imports in the first two months of the year fell sharply from the same period a year earlier, customs data showed on Monday, as a jump in domestic supplies curbed appetite for international shipments.
China brought in 1.07...