Markets

Tyson Foods looks for other pork export markets after China ban

Tyson Foods Inc plans to find other export markets for its pork products after a recent delivery to China triggered an export ban of half its U.S. hog slaughterhouses, the company told Reuters. FULL STORY »

Farrow-to-finish margins continue downward trend

Farrow-to-finish margins continue to decline, dropping from $77.80 per head in the previous week to $61.74 per head for the week ending August 15, according to the Sterling Pork Profit Tracker. FULL STORY »

Ag markets proved decidedly mixed again Tuesday

Corn futures held at moving average support. Talk of large fall production depressed corn futures in early Tuesday trading. FULL STORY »

USMEF chairman hosts restaurant team from Europe

Last week, Nebraska agricultural leaders hosted a team of chefs and other food service professionals from the Goodman Group, one of Europe’s leading operators of high-end restaurants. FULL STORY »

Ag markets are decidedly mixed at midsession Tuesday

Talk of large production is depressing corn futures. Corn futures proved unable to sustain their early-week follow-through to last week’s late rally and turned downward yesterday. FULL STORY »

Heavier hog weights continue to carry the day

For 2014 to date, producer’s decisions to raise hogs to higher weights have been incentivized by very strong hog prices due to lower animal numbers, accommodated by lower feed costs and excess barn space created in the hog supply chain by Porcine Epidemic Diarrhea (PEDv). FULL STORY »

Corn conditions slip again, but…

…even with a slight dip from last week’s Crop Progress report, this year’s corn crop is rated the best since 2004. FULL STORY »

Ag markets proved decidedly mixed Monday

Crop tour results may have depressed corn futures Monday. Corn futures proved unable to sustain their Sunday-night follow-through to last week’s late rally Sunday night. FULL STORY »

Doane Market Watch: USDA updates pork export numbers

The USDA updated monthly pork export numbers in early August. Those June totals were similar to May since they showed the traditional ‘big four’ U.S. customers continued buying aggressively, whereas Chinese buying kept dipping from their late-winter peak. FULL STORY »

Ag markets were mostly lower late Monday morning

Black Sea stability may be undercutting crop markets. Corn futures seemed set to follow-through on last week’s late rally Sunday night, but turned downward as Monday morning passed. FULL STORY »

Cooney: Weaner breakevens drop below $70

Pricing off the February lean hog contract for January sales shows a weaner breakeven of $67.28 down $3.69 for the week. Lean hog futures were down $0.55 for the week and feed costs were up by $2.80 per head. FULL STORY »

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