US Cash Hogs Midday: Bids Flat To Lower; Plants Full This Week
Cash hog prices across the Midwest near midday Thursday are flat to lower on slow buying interest from packers since most plants are full for this week.
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Profits From Hog Production Paying Debts
Bloomberg reports U.S. hog producers are turning a profit for the first
time since 2007, but their profits are paying off debt rather than
expanding their operation.
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Roberts Report: Beef Prices Struggling, Corn Yields Expected Higher On Excellent Growing Conditions
The struggling European economy looks like it is finally impacting U.S.
beef sales even though some export markets are still supporting beef
prices. Weakening processing margins could limit how much packers are
willing to pay this week.
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Hog Outlook: U.S. Pork Exports Higher, Brazil Demand 12 Percent Higher
The FAS expects the amount of pork moving in international trade will
be up 2-4% this year. They are forecasting increased pork imports by
each of our top three foreign customers - Japan, Mexico and Canada.
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Video: Animal Abuse Response
Virginia Farm Bureau member Margaret Ann Smith says she and her fellow livestock producers are outraged and upset over the recent video showing alleged animal abuse at a dairy in Ohio.
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Hog Outlook: Lower Prices The Last Two Weeks May Reflect A Slowdown In Retail Movement
The lower hog prices the last two weeks may reflect a slowdown in
retail movement. Hog prices quickly moved higher in April and May.
Those prices are now showing up in the meat case. Hopefully, the
upcoming three day weekend will bring lots of grilling and a need for
stores to restock next week.
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Thompson Trading: Live Cattle Rebound Overnight, Corn Remains Range Bound
Live cattle have rebounded from yesterday's loss in the overnight trade. Opening above $90.40 the market can push up to $91.15 before seeing solid resistance.
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Roberts Report: Feeder Cattle Finish Lower, Chinease Demand Lifts Corn Amid Stronger Dollar
Feeder cattle finished lower on sell orders triggered when nearbys fell below
recent low prices. Spreading was noted as traders bought the May and
sold the August contracts. Lower live-cattle, funds wary of the
European economic situation, and small gains in corn prices pressured
feeders.
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Nutrient Testing Lowers Feed Costs, Improves Productivity
Feed systems consisting of high quality nutrients promote healthy, peak-performing animals, higher carcass weights and leaner meats. Proper nutrient management also controls your operating costs.
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Family Fun Planned For World Pork Expo
There’s always something for everyone at World Pork Expo, and this year’s event is no different. Whether you’re a child, or a child at heart, check out some of these festivities that await you on June 9-11 at the Iowa State Fairgrounds in Des Moines.
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Hog Outlook: Losses In Financial Markets Hurt Commodity Futures Contracts
The average price of pork in grocery stores during April was $2.919 per
pound. That was up 0.5 cents from March and also half a penny higher
than April 2009.
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- Cold Storage: Frozen pork supplies up from March
- Tyson sends disaster-assistance truck to Oklahoma
- University workshops address workforce management issues
- Mexico says U.S. not respecting WTO ruling on meat labeling
- Special health claim for this pork
- Ag markets posted a general advance mid-day Wednesday
