Chicken Integrator Struggles to Survive
Pilgrim’s Pride’s Monday filing for protection from creditors under Chapter 11 of the bankruptcy code came as no real surprise. The company had lost huge sums of money each of the past two years...
Have We Seen the Hog Market’s Low Point?
Let’s hope so for two reasons. First, last week’s prices are still not as low as the prices we saw in January! And second, the pigs we are selling now ate some very expensive corn early in their lives....
Poultry Testing Uncharted Territory
We may be witnessing something about as rare as the birth of that long- and wobbly-legged spotted baby 20 years ago – that being the equally rare and dramatic reductions in chicken output. ...
COOL Fallout Hits Canadian Producers Hardest
As promised last week, this week’s topic is mandatory country-of-origin labeling (COOL) and its impact on the U.S. and Canadian pork sectors....
U.S.-Canadian Exchange Rate More Balanced
While today doesn’t actually represent either the best or worst times for Canadian pork producers, it certainly presents two very opposite, but simultaneous, occurrences...
Market "Spasms" Spawn Uncertainty
Uncertainty is a bad thing for a business climate. The uncertainty of capital markets is largely responsible for the spasms (as my friend John Ginzel calls them) that are going through the equity markets these days....
USDA Forecasts Grain Stocks Up, Prices Down
USDA’s October Crop Production and World Agricultural Supply and Demand Estimates, released Friday morning, reported higher corn yield and production estimates, and slightly lower...
COOL Creates Accountability
Pork producers must account for every load of hogs they sell under the mandatory country-of-origin (MCOOL) labeling regulations that became effective on Sept. 30...
Economic Uncertainty Spills Over All
The uncertainty in credit markets continues to play havoc with financial and commodity markets as the House of Representatives takes up a $700 billion stimulus package that seeks to put a floor under mortgage-backed securities and kick start capital flows....
Positive - But Not Resoundingly So
USDA's quarterly Hogs and Pigs Report, released last Friday, indicates ample supplies of market hogs in the short term, moderating supplies late this fall, and then some reductions in the second quarter of 2009 and beyond...
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