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Markets and Economics News

Thursday, May 10, 2012
View news from United States CME: Global Meat Demand and US Export Outlook
US - USDA revised this week its estimates for global beef production and trade in 2012. The updates for some countries were particularly interesting in light of recent trade talk about global meat demand...
Wednesday, May 09, 2012
View news from United States NPPC Expresses Concern About Safeway's Decision
US - Recently, Safeway announced its plans to have a gestation stall-free supply chain. However, the National Pork Producers Council is concerned that this action will lead to increased production costs...
View news from United States CME: Hog, Cattle Carcass Weights Higher This Year
US - Carcass weights for both cattle and hogs have been sharply higher this year, skewing the supply picture for beef and pork protein supplies YTD, write Steve Meyer and Len Steiner.
Tuesday, May 08, 2012
View news from United States CME: Corn Market Remains Fluid
US - On Thursday, May 10 (7.30 CST) USDA will release its latest production estimates for US and world agricultural commodities. The situation in the corn market remains particularly fluid, with the...
View news from United States Tyson Sales on the Rise
US - Sales for meat and poultry processing giant Tyson for the second quarter of the year hit $8.3 billion, up 3.4 per cent compared to last year.
View news from United States Corn Prices in Three Parts
US - Corn prices have recently moved in three distinct patterns. These include the patterns for new crop futures, old crop futures, and old crop cash prices, writes Darrel Good.
View news from United States Maize Yield has Significant Impact on Profitability
US - University of Minnesota Extension economists and educators have been researching the question of which costs have the largest impact on farm profits. A significant difference in profitability exists...
Monday, May 07, 2012
View news from United States Hog Prices End Lower than a Week Ago
US - Iowa State University calculations estimate the average breakeven live price for barrows and gilts in the first quarter of 2012 at $64.46/cwt, down $1.66 from the fourth quarter of 2011, but up $3.76...
Friday, May 04, 2012
View news from United States USDA’s WASDE Report to Incorporate Changes
US - The World Agricultural Supply and Demand Estimates (WASDE) report, which will be released on 10 May, will present USDA’s initial assessment of US and world crop supply and demand prospects and US...
Thursday, May 03, 2012
View news from United States CME: Awaiting WASDE Estimates, Critical to Sector
US - All of US agriculture will be watching closely when USDA releases its monthly Crop Production and Worlds Agricultural Supply and Demand Estimates on May 10, write Steve Meyer and Len Steiner.
View news from United States Weekly Roberts Market Report
US - Corn and soybean futures closed up on Monday, writes Michael Roberts.
Tuesday, May 01, 2012
View news from United States Is It Too Late for a Seasonal Hog Market Rally?
US - "It is no secret that we are running out of time for a seasonal rally in cash hogs and lean hogs futures prices. The price doldrums have continued long enough to steal the usual beginning of our...
View news from United States Praise for Domino’s Rejection of HSUS Proposal
US - Domino’s Pizza shareholders last Wednesday rejected – by a majority vote of 80 per cent – a resolution from the Humane Society of the United States (HSUS) requiring its pork suppliers to stop...
View news from United States CME: Crop Plantings, Restaurant Performance Up
US - The apparent meat and poultry demand doldrums of March had little to do with the restaurant sector as the National Restaurant Association’s (NRA) Restaurant Performance Index rose to its highest...
Monday, April 30, 2012
View news from United States CME: Corn Futures Higher as China Purchases Corn
US - US nearby corn futures were sharply higher on Friday as market participants reacted to news that China purchased 1.472 million metric ton of corn (58 mil. bu.), write Steve Meyer and Len Stei...
View news from United States Hog Outlook: Canadian Swine Herd a Fifth of US Herd
US and CANADA - Statistics Canada announced the results of their April hog inventory survey this week. They said the Canadian swine breeding herd is unchanged from a year ago and their market hog inventory...
Friday, April 27, 2012
View news from United States CME: Hogs, Pigs Inventory up on Previous Year
CANADA - Statistics Canada has released the results of its quarterly survey of Canadian hog and pig operations. Some of the highlights of the survey and implications for North American pork production...
View news from United States Does the Farm Bill Give Farmers What They Want?
ANALYSIS - The long and almost tortuous progress of the US 2012 Farm Bill appears to be reaching a conclusion as the Agriculture Committee passed the bipartisan proposals with a majority of 16-5, writes...
View news from United States Senate Ag Committee Approves Farm Bill
US - The US Senate Committee on Agriculture, Nutrition and Forestry today voted to approve the Agriculture Reform, Food and Jobs Act of 2012, a bipartisan Farm Bill authored by Committee Chairwoman Senator...
Thursday, April 26, 2012
View news from United States Smithfield Debuts Sustainable Food Production Video
US - To help commemorate Earth Day, Smithfield Foods, Inc. debuted a new video that talks about what the company, along with others in the pork industry, is doing to help feed the world's growing population...
View news from United States Weekly Roberts Market Report
US - Lower soybean exports from South America and rumors that Brazil will halt exports this week were supportive, writes Michael T. Roberts.
View news from United States US Hog Markets
US - Margins were mixed since the end of March, deteriorating in nearby Q2 and Q3 while improving in Q4 and Q1 of 2013, writes Doug Lenhart, General Manager at Genesus USA.
Wednesday, April 25, 2012
View news from United States NFU: Farm Bill Mark-up Recommendations
US - National Farmers Union (NFU) President Roger Johnson sent a letter to US Senate Committee on Agriculture, Nutrition, and Forestry Chairwoman Debbie Stabenow, D-Michigan, and Ranking Member Pat Roberts,...
Tuesday, April 24, 2012
View news from United States AFBF Urges Senate to Move Farm Bill Forward
US - Numerous provisions of the Senate Agriculture Committee’s draft farm bill follow the American Farm Bureau Federation’s core principles for “rational, acceptable farm policy,” but there is...
View news from United States Expectations for the 2012-13 Corn Marketing Year
US - December 2012 corn futures reached a high of $6.735 on 31 August 2011 declined to a low of $5.23 on 30 March 2012, and are currently trading near $5.40. The steady decline in prices over the past...
Monday, April 23, 2012
View news from United States CME: Cold Storage Supplies Higher than Last Year
US - USDA released a number of supply related reports on Friday and we will try to do our best to recap some of the highlights, write Steve Meyer and Len Steiner.
View news from United States Global Pork Production Expanding
US - World pork production is expanding. USDA's Foreign Agriculture Service is predicting that this year's world pork production will be up 2.7 per cent from 2011, writes Ron Plain.
Wednesday, April 18, 2012
View news from United States March 2012 Hog and Pig Report Summary
US - 30 March was a very busy day for USDA reports with a crop plantings report and a hog and pig report released on the same day, writes Shane Ellis.
View news from United States Weekly Roberts Market Report
US - Corn futures were pressured by profit-taking via non-commercial liquidation, short-covering, and forecasts for improved crop-planting weather, writes Michael T. Roberts.
View news from United States CME: Corn Plantings off to a Strong Start
US - With spring weather (some would say summer weather) across the Midwest, crop plantings are off to a strong start, write Steve Meyer and Len Steiner.
 
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