http://www.porknetwork.com/pork-news/markets/commentary RSS Feed for Commentary en-us Thu, 01 Dec 2011 20:39:56 GMT http://www.porknetwork.com/pork-news/markets/commentary/Corn-and-soybean-close-lower-on-Thursday-134850523.html Corn futures traded lower on Thursday. Fund selling and sluggish export demand weighed on the market. http://www.porknetwork.com/pork-news/markets/commentary/CME-Commodity-price-changes-affect-profitability-outlook-134116203.html 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. http://www.porknetwork.com/pork-news/markets/commentary/Hog-Outlook-US-Canada-producing-more-pigs-per-litter-133708008.html 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%. http://www.porknetwork.com/pork-news/markets/commentary/Oil-again-flirting-with-100-per-barrel--133481398.html Oil prices are soaring again, but motorists don't need to worry — yet. http://www.porknetwork.com/pork-news/markets/commentary/CME-Livestock-production-boosted-by-productivity-gains-133233048.html 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. http://www.porknetwork.com/pork-news/markets/commentary/Outside-markets-weigh-heavily-on-commodities-133003033.html 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. http://www.porknetwork.com/pork-news/markets/commentary/Crop-markets-trade-choppy-on-Friday-132789268.html 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. http://www.porknetwork.com/pork-news/markets/commentary/Crop-markets-turn-lower-on-Wednesday-132622893.html 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. http://www.porknetwork.com/pork-news/markets/commentary/Hog-Outlook-US-exports-to-S-Korea-jump-146-from-2010-131886858.html 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. http://www.porknetwork.com/pork-news/markets/commentary/US-livestock-review-Hog-futures-rally-on-near-term-demand-130874053.html Lean hog futures traded sharply higher for the second straight day on strong demand tied to exports.