Mexico is the third-largest pork importer in the world and traditionally the largest U.S. market for pork exports by volume. Over the past few years, shipments to this important market have faced headwinds. First, retaliatory tariffs related to Section...
Chicago Mercantile Exchange hog futures plunged 4% on Monday, hitting their lowest level in nearly a month, as robust supplies threatened profits even as pork prices edged off their recent lows, traders said.
Pork processors earned $22.90 per hog, down...
Margins were mixed to slightly weaker across spot and forward marketing periods with relatively steady trade in both hog prices and feed costs over the second half of November. Cash hog prices appear to have found a near-term low...
Chicago Mercantile Exchange live cattle, feeder cattle and hog futures ended lower on Friday as profit-taking hit the livestock markets ahead of the weekend, traders said.
Live cattle futures consolidated after setting contract highs this week, traders said.
Most-active CME February...
Genesus Global Market Report
Spain
December 2021
Mercedes Vega, General Director for Spain, Italy & Portugal
mvega@genesus.com
It’s the last month of 2021 and Mercolleida price in Spain is expected to stay at 1.020 € / kg, as established 4 weeks ago, for the...
Farmscape for December 2, 2021
Full Interview 6:32
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The Director of Risk Management with HAMS Marketing Services is recommending a prudent approach to forward pricing hogs for the first half of 2022. Although cash hog prices continue to face...
Agricultural lending at commercial banks continued to decline but showed some signs of stabilizing in the third quarter. According to Call Report data, farm debt decreased at the slowest pace in 2 years. Non-real estate debt declined at a...
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...
Source: CME
Chicago Mercantile Exchange live cattle futures weakened on Tuesday as worries about the new Omicron coronavirus variant rattled commodity and financial markets.
Losses pulled live cattle futures down from contract highs reached in recent sessions.
CME lean hog futures also...
Source: USDA news release
The Livestock, Dairy, and Poultry Outlook for November 2021 analyzes economic impacts on animal product markets of month-to-month changes in USDA's World Agricultural Supply and Use Estimates report.
To view the complete report, click here.