CME Daily Features
US - USDA recently issued its biannual review of global livestock and poultry markets, providing historical supply and trade information and also offering an estimate of the supply/demand outlook for 2015, write Steve Meyer and Len Steiner.
US - Weekly beef and pork export data were released this morning and, given all the attention currently on red meat export demand, we thought it would be a good idea to at least review what the data says, write Steve Meyer and Len Steiner.
US - The brief rally in hog futures appeared to stall yesterday, in part due to ongoing weakness in wholesale pork prices. The pork cutout was quoted at $65.32/cwt yesterday afternoon (although USDA also issues a report at noon), write Steve Meyer and Len Steiner.
US - The dispute between Representatives of International Longshore and Warehouse Union (ILWU) and West Coast port operators was one factor in another month of relatively poor US exports of meat and poultry, write Steve Meyer and Len Steiner.
US - "Oh no, 1998 is happening again!" "We are going to run out of hog slaughter space this fall!" Those are a couple of the comments we have been hearing in recent weeks and we think they should be addressed in the context of Friday’s USDA Hogs and Pigs report, write Steve Meyer and Len Steiner.
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