CME Daily Features
US - The main topic of conversation among US and Canadian pork producers at this point is the impact of the Porcine Epidemic Diarrhoea virus (PEDv) on pork supplies, write Steve Meyer and Len Steiner.
US - USDA’s monthly "Cold Storage" report, released on Friday afternoon indicated frozen meat and poultry inventories as of 31 January were 4.4 per cent lower than one year ago but 4.7 per cent higher than at the end of December, write Steve Meyer and Len Steiner.
US - How will the PEDv situation in the US and Canada impact world pork supplies and markets? Since determining the size of the losses in the two countries is difficult enough, this question may be unanswerable but it deserves a bit of thought given the size and importance of trade in pork and pork products, write Steve Meyer and Len Steiner.
US - There is uncertainty in the cattle and swine markets, write Steven Meyer and Len Steiner - in the first case, over the rate of herd re-building and in the second, over the delay in reporting new cases of Porcine Epidemic Diarrhoea (PED).
US - Pork demand remains in great shape. The pork cutout has held up quite well compared to year ago levels even as total pork production is running significantly above year ago levels, write Steve Meyer and Len Steiner.
US - We’ve sort of been beef-centric in The Daily Livestock Report in recent days — at least when we weren’t talking about the Farm Bill. And for good reason. When prices of any products of interest reach record levels, the occasion is worthy of attention, write Steve Meyer and Len Steiner.
US - The timely completion of US farm legislation (ie. The Farm Bill) appears to be in grave doubt. The houses of Congress had passed different versions of the legislation and a conference committee was charged with reconciling those differences and arriving at a final bill that would then go back to each chamber for a simply yes-no vote. No further modifications would be allowed, write Steve Meyer and Len Steiner.
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