Markets and Economics News
CME: Global Meat Demand and US Export OutlookUS - 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...
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...
CME: Hog, Cattle Carcass Weights Higher This YearUS - 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.
CME: Corn Market Remains FluidUS - 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...
Tyson Sales on the RiseUS - 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.
Corn Prices in Three PartsUS - 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.
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...
Hog Prices End Lower than a Week AgoUS - 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...
USDA’s WASDE Report to Incorporate ChangesUS - 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...
CME: Awaiting WASDE Estimates, Critical to SectorUS - 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.
Weekly Roberts Market Report US - Corn and soybean futures closed up on Monday, writes Michael Roberts.
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...
Praise for Domino’s Rejection of HSUS ProposalUS - 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...
CME: Crop Plantings, Restaurant Performance UpUS - 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...
CME: Corn Futures Higher as China Purchases CornUS - 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...
Hog Outlook: Canadian Swine Herd a Fifth of US HerdUS 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...
CME: Hogs, Pigs Inventory up on Previous YearCANADA - 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...
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...
Senate Ag Committee Approves Farm BillUS - 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...
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...
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.
US Hog MarketsUS - 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.
NFU: Farm Bill Mark-up RecommendationsUS - 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,...
AFBF Urges Senate to Move Farm Bill ForwardUS - 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...
Expectations for the 2012-13 Corn Marketing YearUS - 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...
CME: Cold Storage Supplies Higher than Last YearUS - 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.
Global Pork Production ExpandingUS - 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.
March 2012 Hog and Pig Report SummaryUS - 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.
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.
CME: Corn Plantings off to a Strong StartUS - 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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