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 above the market that is expected to prevent...
Margins weakened over the first half of August as hog prices slid while feed markets advanced. Strength in the pork cutout continues to support CME Lean Hog futures although concerns linger in the market with ASF now confirmed in...
Simon Grey,
General Manager Russia, CIS and Europe, Genesus Inc.
Current pig price in Russia is 138.2 Roubles (US$1.88) per kg live (with VAT). There are several reasons for recent increase in price.
Covid restrictions mean more Russians taking holiday’s in...
Farmscape for August 31, 2021
Full Interview 11:37
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The Director of Risk Management with HAMS Marketing Services suggests those producers with prudent risk management strategies in place will be the best positioned to manage the current volatility in hog...
“China: Livestock and Products Annual” USDA- Foreign Agricultural Service. Report Number: CH2021-0101 (August 26, 2021).
A report on Thursday from the USDA’s Foreign Agricultural Service (FAS) post in Beijing (“Livestock and Products Annual“) stated that, “In 2022, hog production will...
Genesus Global Market Report
USA, August 2021 - Feed Conversion
Allan Bentley, Sales, Genesus Genetics Inc.
I had a conversation with a producer that uses a different genetics company. We started discussing his death loss in finishing and he admitted that in...
A trend should be assumed to continue in effect until such time as its reversal has been signaled... -Charles Dow
Walt Breitinger, Paragon Investments, Inc.
DBA Breitinger & Sons, Commodity Futures Brokers
800.411.FUTURES (3888)
www.indianafutures.com
Source: USDA news release
To view the complete report, click here.
The Livestock, Dairy, and Poultry Outlook for August 2021 analyzes economic impacts on animal product markets of month-to-month changes in USDA's World Agricultural Supply and Use Estimates report.
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 China, Genesus Inc.
After bottoming out at 13.76 yuan/kg., ($0.96/lb.) in the fourth week of June, China’s pig prices quickly rebounded to 15.58 yuan/kg ($1.09/lb.), but have flatted out since, with only slight fluctuations.
Inventory
Official...