Thompson Trading: Feeder Cattle Continue To Weaken, Large Corn Range
Cattle are lower again. Opening below $91.00 the market will test yesterday's lows. Breaking below those levels and the next solid support will be $89.47 which could prove to be a good low for the June contract.
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Thompson Trading: Live Cattle Under Pressure, Hogs Sell Off
Cattle fought all day to recover early losses late in the session. Already the markets are under pressure again from a weak stock market and could see continued selling today.
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Higher Hog Prices Likely To Encourage Increased Pork Production Next Year
Lighter than expected weekly hog slaughters in April prompted USDA to adjust slaughter forecasts downward for the balance of 2010. Smaller slaughter numbers are likely to be partly offset by higher dressed weights than expected earlier, resulting from continued strong hog prices, moderate feed costs, and favorable spring weather conditions in major hog producing States.
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Thompson Trading: Live Cattle Under Pressure, Hogs Oversold
June live cattle have been under pressure the last two trading sessions mostly because of pressure from outside markets. The market broke below key support levels on Friday and turned technically negative now below $95.10.
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Pork Checkoff Presents PORK Academy At World Pork Expo
The Pork Checkoff is sponsoring Producers Opportunity for Revenue and Knowledge (PORK) Academy June 9 and 10 during World Pork Expo at the Iowa State Fairgrounds in Des Moines. Expo continues through noon on June 11.
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Roberts Report: Feeder Cattle Pressured By Lower Commodities, Optimal Weather & Stronger Dollar Push Corn Lower
Feeder cattle were pressured by lower commodities and the weakening European economy. However, some of the selling was due to position evening by the large fund Goldman Sachs as it balanced its commodity index against its energy portfolio.
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Students Get Experience Working With Pigs
Understanding how pigs think is not easy. Just ask the students in Bill Fisher’s swine lab. A few miles down the road from the University of Illinois campus, students are learning the art of stockmanship.
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Retrofitting Hog Buildings To Satisfy Social Pressures: Costs & Alternatives
Whether you have actively raised hogs or not, you have undoubtedly seen pregnant sows become aggressive to each other, which threaten the health of the submissive sow as well as jeopardize the welfare of her unborn litter.
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Hog Outlook: Pork Exports Up, Slaughter Down
U.S. pork exports during March were up 0.2% and pork imports were down 3.4% compared to a year earlier. During the first quarter of 2010, pork exports were up 1.3% and imports were down 3.1%. We started the year expecting 2010 pork exports to total 10% more than in 2009.
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PorkBridge Educational Series Returns For Fifth Year
The distance educational series, PorkBridge, will begin its fifth year
in June. Driven by popular demand, the PorkBridge 2010-2011 educational
series features new topics focused on the grow-finish segment of the
pork production chain.
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Thompson Trading: Lower Feeder Cattle Highs, Down Sloping Hog Wedge
The market is still poised for defensive trade that should test $94.80. Near term resistance will be at $95.87 and then $96.40, a daily close above $96.40 will be bullish for a move to $98.02.
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