USMEF reports on pork, beef exports

Last year pork exports to Mexico topped $1 billion for the first time, but they are off to an even stronger start in 2012. The report also notes favorable results in Central and South America, Russia and the China/Hong Kong region. FULL STORY »

Corn and soybean close lower on Thursday

Corn futures traded lower on Thursday. Fund selling and sluggish export demand weighed on the market. FULL STORY »

CME: Commodity price changes affect profitability outlook

Changes in market prices for corn, soybean meal, cattle and hogs have driven some important changes in profitability outlooks for the various segments of the meat/poultry protein sector — changes that have some important implications about the outlooks for 2012 and beyond. FULL STORY »

Hog Outlook: U.S., Canada producing more pigs per litter

Canada's October 1 swine inventory survey said their swine herd was up 0.9%. The number of sows and bred gilts was up 0.2%. Their inventory of market hogs was up 1%. FULL STORY »

Oil again flirting with $100 per barrel

Oil prices are soaring again, but motorists don't need to worry — yet. FULL STORY »

CME: Livestock production boosted by productivity gains

In our discussion yesterday we focused on the expansion in global economic activity and population and whether cattle and hog supplies have increased fast enough to properly meet the growth in demand. FULL STORY »

Outside markets weigh on commodities

Corn futures are trading lower at midday, although losses have moderated from early in the session. Outside markets are pressuring prices as European debt concerns have led to a sharp rally in the dollar and weakness in the stock market. Weakness in crude oil is also dragging corn lower. FULL STORY »

Crop markets trade choppy on Friday

Corn futures are trading higher at midsession. After opening lower, futures turned higher with support from the firm cash market. Despite generally favorable harvest weather, farmer selling remains light and basis level firm. However, gains are being limited by the dollar turning higher today after the sharp losses on Thursday. December is 2 3/4 cents higher at $6.54 1/4 and March is 2 cents higher at $6.65 1/2. FULL STORY »

Crop markets turn lower on Wednesday

Corn futures are trading solidly lower at midsession. The market is being pressured by strength in the dollar and concerns over whether or not European leaders will agree to a deal about the current debt crisis. Strong losses in crude oil are also a bearish factor. There has been some talk recently about China buying some U.S. corn, but so far no sales have been confirmed. FULL STORY »

Hog Outlook: U.S. exports to S. Korea jump 146% from 2010

U.S. pork exports during August were up 43.6% compared to a year earlier. Pork exports to all major foreign buyers were higher than August 2010 except for Mexico which was down 1%. Shipments to China were up 378% compared to last August and were the largest for any month since June 2008. Exports to South Korea were up 146% and to Russia up 142% compared to a year earlier. FULL STORY »

U.S. livestock review: Hog futures rally on near-term demand

Lean hog futures traded sharply higher for the second straight day on strong demand tied to exports. FULL STORY »

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