Markets and Economics News
CME: Only Small Changes for Corn, Soy & WheatUS - 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...
Pork Exports Set New Annual Value RecordsUS - 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).
Coalition Urges Japan’s Inclusion in TPP TalksUS - 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),...
2012 Possibly a Good Year for Hog ProducersUS - 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.
Pork Production Expected to Rise in 2012US - 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...
CME: Beef and Pork Exports at Record HighUS - 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...
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.
USDA's 2008 Farm Bill Provisions; NFU RespondsUS - 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...
Smithfield Reports Robust Pork Earnings in Q2US - 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.
CME: Grain Supply Expected to Remain UnchangedUS - 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...
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...
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...
Anticipating Crop Prices in 2012US - 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....
Market Preview: 'Your' Basis Level Really CountsUS - 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...
CME: Corn Prices Lower, Good News for ProducersUS - 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.
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.
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...
CME: Futures Speculation Lowers Pressured PricesUS - 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...
Pork Commentary: US Per Capita Meat ConsumptionUS - In this week's Pork Commentary by Jim Long, he writes about the drop in US per capita meat and poultry consumption.
Hormel Foods Distributes Annual Profit SharingUS — 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.
2012: Corn, Soybean Demand & Acreage ProspectsUS - 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,...
Market Preview: Sow Count and Production TrendsUS - In this week's "Market Preview" issued in National Hog Farmer magazine, Steve Meyer discusses current trends in the US breeding herd.
Livestock Producers Say Too Much Corn for EthanolUS - 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...
Plumrose Breaks Ground for New FacilityUS - The construction now starts of Plumrose USA’s new factory in Council Bluffs in the USA which will gear the company for the future.
Hormel Sees Annual Profits RiseUS - 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.
Commercial Red Meat Production up SlightlyUS - 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...
CME: Inventory of Frozen Meat DownUS - 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...
Tyson Reports Drop in IncomeUS - 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...
CME: GIPSA Rule Enaction Creates DoubtsUS - 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.
Hogs: 2012 is Best Year in Era of High Feed PricesUS - 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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