Markets

Tyson to sell Mexico, Brazil poultry businesses to JBS

Tyson Foods Inc, the biggest U.S. meat processor, said on Monday it would sell its Mexican and Brazilian poultry businesses to bigger global rival JBS SA's Pilgrim's Pride for $575 million. FULL STORY »

Doane Market Watch: Hog shortage likely to persist

Hog slaughter fell about 9 percent short of the comparable 2013 total for a second straight week when the six-day estimate was posted on July 18, thereby implying industry expectations for 8 to 10 percent reductions during July and August are right on target. FULL STORY »

Cooney: Weaner breakevens sink to $81

Pricing off the February lean hog contract for January sales shows a weaner breakeven of $81.03 down $10.72 for the week. The big drop was driven by the February lean hog contract decreasing $5.68 for the week. FULL STORY »

Hog Outlook: Another month of record retail pork prices

Retail pork prices set a new record in June for the fourth consecutive month. The average price for pork in grocery stores in June was $4.116 per pound. FULL STORY »

Ag futures ended the week in decidedly mixed fashion

Corn futures posted a late bounce Friday afternoon. Large fall harvest prospects have recently exerted great pressure on the corn market, but concurrent slippage in the soy complex added weight this morning. FULL STORY »

Ag markets remained quite mixed at noon Friday

Corn futures dipped along with soy prices Friday morning. Large fall harvest prospects are exerting general pressure on the corn market, but concurrent slippage in the soy complex is also weigh on grains today. FULL STORY »

Livestock slaughter: Pork production up 3%

According to the USDA's Livestock Slaughter report, pork production totaled 1.73 billion pounds, up 3 percent from the previous year. FULL STORY »

Luc Dufresne to receive Science in Practice award

Veterinarian Dr. Luc Dufresne will be honored with the 2014 Science in Practice award at this year’s Allen D. Leman Swine Conference. FULL STORY »

Lower litter rates, higher dressed weights drive hog production

According to the USDA's Livestock, Dairy and Poultry report, there are two primary drivers of U.S hog production since the second half of 2013: the onset of PEDv: lower litter rates and higher dressed weights. FULL STORY »

Bears made presence felt in the ag markets Thursday afternoon

Corn futures dipped on China talk Thursday. Corn futures followed soybeans higher Wednesday night and seemed likely to keep rising after the weekly Export Sales report stated the new-crop result far above expectations. FULL STORY »

Ag markets proved surprisingly changeable Thursday morning

Corn futures dipped on China talk Thursday morning. Corn futures followed soybeans higher Wednesday night and seemed likely to keep rising after the weekly Export Sales report stated the new-crop result far above expectations. FULL STORY »

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