Crop Reports Offer Hope
The focus of most of U.S. agriculture this week was the monthly USDA Crop Production Report released on Wednesday. Some of the highlights were...
Volatile Packer Margins Stabilize
The roller coaster ride of pork packer margins abated a bit last week as my weekly calculated gross margin of $22.43/head was only $0.63/head lower than one week earlier...
The China Connection
Smithfield's announcement of the sale of 60 million pounds of pork to China last Friday was welcome news for the U.S. pork industry...
Canada's Herd Shrinkage Slows
Canada's inventory of hogs and pigs continues to shrink. Statistics Canada's quarterly Hog Statistics report, released last week, indicates that the Canadian sow herd continues to decline slowly and...
Pork Export Trend Unsettling
Yesterday's U.S. pork export data was again disappointing, showing June shipments were 11% lower than a year ago...
Fall Numbers May Test Slaughter Capacity
With the possibility of large numbers of hogs hitting the market this fall, packing capacity could once again become a critical issue for the U.S. pork industry...
Export Expectations Adjusted
Export sales in May 2007 continued a disappointing trend. Year-to-date export volume through May was down 4.7% vs. one year ago...
Are China's Losses Driving Futures Prices?
Chicago Mercantile Exchange Lean Hogs futures prices surged upward on Thursday buoyed by rumors that China was shopping for pork in the United States...
Hog, Grain Markets Begin to Settle In
The reaction of Chicago Mercantile Exchange Lean Hogs futures prices to last week's USDA Hogs & Pigs Report was a bit more negative than I had expected...
Hogs & Pigs Report Special Edition
USDA's Quarterly Hogs & Pigs report, released Friday afternoon, June 29, contained no big shocks...
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