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Markets and Economics News

Tuesday, December 13, 2011
View news from United States CME: Only Small Changes for Corn, Soy & Wheat
US - USDA’s monthly Crop Production and World Agricultural Supply and Demand Estimates (WASDE) for December contained only small changes for US corn, soybeans and wheat, write Steve...
Monday, December 12, 2011
View news from United States Pork Exports Set New Annual Value Records
US - October was another excellent month for US pork and beef exports, according to statistics released by USDA and compiled by the US Meat Export Federation (USMEF).
View news from United States Coalition Urges Japan’s Inclusion in TPP Talks
US - A coalition of food and agricultural organizations today urged the Obama administration to work with Japan to smooth the way for that country’s participation in the Trans-Pacific Partnership (TPP),...
View news from United States 2012 Possibly a Good Year for Hog Producers
US - After several years of struggling to earn a profit, pork producers could find themselves back in the black in 2012, says a Purdue Extension agricultural economist.
View news from United States Pork Production Expected to Rise in 2012
US - USDA’s December World Ag Supply and Demand Estimates (WASDE) did not change US corn production but did increase predicted foreign corn production by 336 million bushels, writes Ron Plain...
View news from United States CME: Beef and Pork Exports at Record High
US - The impact of exports on pork and beef markets this year has been pretty well documented in these pages but the charts below show those impacts in a way that, we think, underscores the remarkable...
Friday, December 09, 2011
View news from United States Pilot Programme Stands to Boost US-Canada Trade
US - A new pilot programme to conduct inspections in plants in-country will help facilitate trade between the US and Canada and prevent delays at the border, according to the American Meat Institute.
View news from United States USDA's 2008 Farm Bill Provisions; NFU Responds
US - Agriculture Secretary Tom Vilsack yesterday announced USDA has published the Final Rule implementing the 2008 Farm Bill provisions to better protect livestock producers and poultry growers under the...
View news from United States Smithfield Reports Robust Pork Earnings in Q2
US - Smithfield Foods' sales for the second quarter of fiscal 2012 were $3.3 billion, up 10 per cent, resulting from higher average unit selling prices and volumes in the pork segment.
Thursday, December 08, 2011
View news from United States CME: Grain Supply Expected to Remain Unchanged
US - On Friday, 9 December, USDA will publish its monthly update of crop and livestock projections for the remainder of 2011 and 2012. As usual, grain data will be closely watched although not much change...
Wednesday, December 07, 2011
View news from United States US Beef and Pork Exports Grew in 2011
US - Beef exports and foreign markets have always been of interest to the cattle industry, but the growth of beef export volumes and over the past two years has fuelled anticipation of substantial demand...
View news from United States Weekly Roberts Market Report
US - It has been noted that competition from Australian wheat is not good enough for bread, but good enough for livestock, writes Michael T. Roberts in his Weekly Roberts Agricultural Commodity Market...
Tuesday, December 06, 2011
View news from United States Anticipating Crop Prices in 2012
US - Crop prices during 2011 were influenced by a wide range of factors that resulted in extremely large trading ranges. The price patterns, however, were very different for corn, soybeans, and wheat....
View news from United States Market Preview: 'Your' Basis Level Really Counts
US - With Thanksgiving past, Christmas near, and the New Year fast approaching, many producers will be thinking about the trials and blessings that have come their way this year, writes Steve Meyer in...
Monday, December 05, 2011
View news from United States CME: Corn Prices Lower, Good News for Producers
US - Corn prices have been trending lower in recent weeks, which has been welcome news for livestock and poultry producers, write Steve Meyer and Len Steiner.
View news from United States Retail Red Meat Prices at Record Levels
Retail red meat prices were at record levels this fall. Grocery store pork prices were record high in September ($3.561/lb), writes Ron Plain in his Hog Outlook report for 2 December.
Thursday, December 01, 2011
View news from United States Weekly Roberts Market Report
US - Dollar-denominated grains have become more competitive in global markets as a result of a weaker US dollar, writes Michael T. Roberts in his Weekly Roberts Agricultural Commodity Market Report...
Wednesday, November 30, 2011
View news from United States CME: Futures Speculation Lowers Pressured Prices
US - Global investors started yet another Monday full of optimism that maybe, just maybe, this is going to be the week when European politicians finally find their way out of the maze that has become...
Tuesday, November 29, 2011
View news from United States Pork Commentary: US Per Capita Meat Consumption
US - In this week's Pork Commentary by Jim Long, he writes about the drop in US per capita meat and poultry consumption.
View news from United States Hormel Foods Distributes Annual Profit Sharing
US — Hormel Foods Corporation distributed an annual profit share of more than $16.5 million to eligible hourly and salaried employees during this 73rd annual Thanksgiving Eve Day tradition.
View news from United States 2012: Corn, Soybean Demand & Acreage Prospects
US - Corn and soybean prices have declined sharply since the release of the USDA’s November Crop Production report that contained smaller forecasts of the size of the 2011 harvest for both crops,...
View news from United States Market Preview: Sow Count and Production Trends
US - In this week's "Market Preview" issued in National Hog Farmer magazine, Steve Meyer discusses current trends in the US breeding herd.
Thursday, November 24, 2011
View news from United States Livestock Producers Say Too Much Corn for Ethanol
US - Livestock farmers are demanding a change in the nation's ethanol policy, claiming current rules could lead to spikes in meat prices and even shortages at supermarkets if corn growers have a bad y...
View news from United States Plumrose Breaks Ground for New Facility
US - The construction now starts of Plumrose USA’s new factory in Council Bluffs in the USA which will gear the company for the future.
View news from United States Hormel Sees Annual Profits Rise
US - US-based international meat and food processing giant, Hormel, has reported a rise in annual net earnings of 16 per cent to $474.2 million compared to $409 million last year.
View news from United States Commercial Red Meat Production up Slightly
US - Commercial red production was slightly higher in October than in the same month a year ago, according to the latest Livestock Slaughter report from the USDA's National Agricultural Statistics...
View news from United States CME: Inventory of Frozen Meat Down
US - USDA's monthly Cold Storage report, released on 22 November, indicates that the total inventory of frozen meat and poultry as of 31 October was smaller than either the previous month or October...
Wednesday, November 23, 2011
View news from United States Tyson Reports Drop in Income
US - Tyson Foods has reported net income for the year down by $32 million to $733 million from $765 million in 2010, on the back of rising sales of $3.266 billion in 2011 compared to $28.43 billion last...
View news from United States CME: GIPSA Rule Enaction Creates Doubts
US - Congressional action last week has put even more doubt that the entire GIPSA rule will be enacted — at least in FY 2012, write Steve Meyer and Len Steiner.
Tuesday, November 22, 2011
View news from United States Hogs: 2012 is Best Year in Era of High Feed Prices
US - The pork industry is expected to have a profitable year in 2012. In fact, the level of profitability could be the most favourable during the high-priced feed era, writes Chris Hurt, extension economist...
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