November 2021
Philippe Mallétroit, Director France, Genesus Inc.
Pork prices don't seem to get any better in Europe. First week of November showed no significant change in Europe’s hog markets, despite being reduced to only 4 working days in some countries...
U.S. Animal Protein Needs Trade Negotiators Back at the Table
By Brian Earnest
November 2021
Key Points
In the past two decades, U.S. animal protein exports have grown from $7.4 billion to $20.7 billion, driven by industry marketing and government trade negotiations....
November 2021
Bob Fraser – Sales & Service, Genesus Ontario
bfraser@genesus.com
In my last commentary eight weeks ago, I reviewed some of the challenges to the Canadian pork processing industry, particularly in Ontario. Unfortunately, those challenges seemingly have now gone from bad...
Margins continued to decline over the second half of October as ongoing weakness in hog prices combined with strength in feed markets to negatively impact forward profitability. Softness in the cash market has weighed on CME hog futures as...
Chicago Mercantile Exchange lean hog futures slipped on Tuesday, as uncertainty over Chinese pork demand continued and animal weights were expected to increase on cooling U.S. temperatures, analysts said.
Meanwhile, Chicago’s cattle futures firmed a bit on Tuesday, amid steady...
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, ...
CHINA -
Source: Dalian
Nationwide China
10/30/2021
16.33
10/29/2021
15.96
Pork prices: The wholesale price of white striped pigs in the fourth week of October monitored by the Ministry of Commerce changed from falling to rising. The price of live pigs has continued to rise sharply, and the consumption...
Global hog prices moved sharply lower, as the global recovery in production has outpaced the rebound in demand. The rapid decline in prices and resulting producer losses in some markets will slow 2022 herd growth, helping offset improved herd...
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).
Walt Breitinger, Paragon Investments, Inc.
DBA Breitinger & Sons, Commodity...
Simon Grey
General Manager Russia, CIS and Europe, Genesus Inc.
Current pig price in Russia remains good at 133.2 Roubles per live kg (US$1.91). There continue to be outbreaks of ASF in commercial farms that take some pigs off the market...