Markets

Hog Outlook: Retail pork prices average $4.215 per pound

Retail prices of pork were record high in September for the seventh consecutive month. Pork averaged $4.215 per pound last month. That is up 1.5 cents from the month before and up 42.3 cents from September 2013. FULL STORY »

Natural gas prices fluctuated throughout the week

Spot prices fluctuated over the report week (Wednesday to Wednesday), with Henry Hub starting the week at $3.82 per million British thermal units (MMBtu) on October 15, dropping 21 cents by Tuesday to $3.61, before settling at $3.68/MMBtu yesterday. FULL STORY »

Hogs were the exception to the bullish rule Thursday

Export data boosted corn futures Thursday. The weekly USDA Export Sales report stated last week’s corn commitments just over 1.0 million tonnes, which happened to be the upper end of pre-report forecasts. FULL STORY »

Pork production climbs 2%

Pork production totaled 1.87 billion pounds, up 2 percent from the previous year. Hog slaughter totaled 8.83 million head, down 2 percent from September 2013. FULL STORY »

Export data, equity gains boost crop futures Thursday morning

The weekly USDA Export Sales report stated last week’s corn commitments just over 1.0 million tonnes, which happened to be the upper end of pre-report forecasts. FULL STORY »

Meat export volumes lower in August, but value remains strong

For the second consecutive month, August export value for U.S. pork increased year-over-year despite declines in volume. Export value remains on a record pace, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF) earlier this month. FULL STORY »

Heated international pork markets cool down

Rabobank has published a new report on the global pork industry, saying that heated international markets are slowly cooling down. FULL STORY »

Ag markets posted divergent closes Wednesday

Wednesday’s soy reversal weighed on corn futures. The corn market seemed to power higher today, especially with the soy complex leading the way higher. FULL STORY »

Ag markets moved almost unanimously higher Wednesday morning

Soybeans pulled grain prices higher Wednesday morning. Corn and wheat futures set back from overnight gains in apparent response to growing harvest pressure on the yellow grain. FULL STORY »

Farrow-to-finish margins dip below $60 per head

Farrow-to-finish margins dropped more than $8 per head last week to $55.39 per head, according to the Sterling Pork Profit Tracker. FULL STORY »

Ag markets moved mostly higher Tuesday morning

Corn futures are rallying Tuesday morning. Monday’s weekly USDA Crop Progress report stated the corn harvest as being just 31% complete, which apparently sparked a corn futures bounce from their overnight decline. FULL STORY »

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JUMPSTART can be mixed with water and fed in the farrowing barn to supplement young pigs or can be fed ... Read More

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