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Natural gas supply down

Henry Hub price reaches lowest level since July 2012. The Henry Hub spot price began the report week last Wednesday at $2.47/MMBtu, then dropped 21¢ by Friday to $2.26/MMBtu, the lowest Henry Hub spot price since July 2012. The price then rose to close at $2.46/MMBtu yesterday. Prices in most markets, except the Northeast, followed a similar pattern, ending down for the week, after reaching weekly lows on Friday. Chicago Citygate spot prices started at $2.56/MMBtu last Wednesday and closed yesterday at $2.46/MMBtu.


Beef and pork byproducts make dollars and sense

ERS research indicates that a $1 increase in the value of byproducts to processors adds about 10 cents to the average price paid per hundredweight to producers of fed steers (slaughter cattle that have been finished on concentrated feed on a per hundredweight basis).


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