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...
Canadian Sow Cuts Are Sizable
Canada’s quarterly Hog Statistics report confirmed what many expected this week when it pegged the country’s breeding herd at 1.416 million head, 8.6% lower than one year ago...
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....
Labeling Law Creates Confusion
To say mandatory country-of-origin labeling (MCOOL) is “off and running” would be an overstatement. “Off and stumbling” would be more appropriate but the key word is off....
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...
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...
A Fine Financial Mess
I do not even pretend to understand everything about what is going on with U.S. financial institutions and the proposed bailout or rescue...
Pork Economics 101
We’re going back to Econ 101 again this week. Figures 1 and 2 accompany the following discussion. Higher demand is a great thing! It allows everyone to be happy. Consumers are happy because they are the ones who initiate higher demand...
Markets' Ebbs and Flows Remain Baffling
My grandfather had a great saying for those things he considered unusual: “I’ve been to two county fairs and three goat ropings and I ain’t never seen nothing like this.” Amen, Ervin. Amen....
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