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, ...
Margins strengthened over the second half of September as hog prices surged following a bullish quarterly Hogs and Pigs report while feed prices were steady to weaker as quarterly grain inventories were larger than anticipated. USDA shocked the market...
Genesus Global Market Report
SE Asia, September 2021
Paul A. Anderson
General Manager South East Asia/ International Sales Manager, Genesus Inc.
Philippines
The average market price of regular slaughter hog drastically went further down in the month of September 2021. As of this...
The total number of pigs in the United States, recorded on 1 September, was 75.4 million head, according to the USDA. This is a reduction of 4% compared to the same date a year ago, but 1% more than...
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...
The USDA's Quarterly Hogs and Pigs report shows signs of further contraction as producers seek to boost profitability, even as the industry tries to meet strong demand expectations.
On September 1st, the total U.S. inventory was 75.352 million head, down...
Genesus Global Market Report
France, September 2021
By Philippe Mallétroit – Director for France, Genesus Inc.
Unlike other European countries, where prices have fallen continuously this summer, hog market price in France remained at 1.345 € per kg carcass since July, 19.
The...
In its monthly Livestock, Dairy, and Poultry Outlook report last week, USDA’s Economic Research Service (ERS) stated that, “Pork exports in July were 508 million pounds, 8.5 percent lower than those of a year ago.
Higher exports to most major...
Bull markets, bear markets, strong demand, and supply chain disruptions – the last 14 months have been a market roller coaster.
As a producer, how can you manage the risk of volatile markets? Experts from Partners for Production Agriculture (PFPAg), a...
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...