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Markets and Economics News

Tuesday, November 22, 2011
View news from United States Market Preview: COOL Ruling and Pork Exports
US - In this week's "Market Preview" featured in National Hog Farmer magazine, Steve Meyer discusses how the World Trade Organisation's (WTO) US COOL law violates WTO rules.
Monday, November 21, 2011
View news from United States Turning Down Heat to Save Money after Weaning
US - What do you get when you put hundreds of baby pigs in a building in winter? A big heating bill. University of Missouri researchers recently turned an eye to reducing energy bills and the carbon footprint...
View news from United States Pork Exports Up During First Three Quarters of 2011
US - The World Trade Organization has determined that the US Country of Origin Labeling rules (COOL) are "inconsistent with the United States' WTO obligations" in part because they afford less favorable...
Friday, November 18, 2011
View news from United States EPA’s Regulatory Burdens Threaten Family Farms
US - In just the last three years, the Environmental Protection Agency has set in motion a significant number of new regulations that will significantly change the face of agriculture. The coming changes...
View news from United States Ag Appropriations Bill Disappoints Family Farmers
US - H.R. 2112, the "minibus" legislation that includes the agricultural appropriations bill, along with two other appropriations bills and the continuing resolution to keep the federal government running...
View news from United States CME: Barrow and Gilt Weights Significantly Lower
US - As part of our discussion of production levels on Monday, we mentioned that hog weights last week were down two pounds from year-ago levels but the size of hogs coming to market at present warrants...
Thursday, November 17, 2011
View news from United States Fight Following Ag Appropriations Conference Report
US - National Farmers Union (NFU) sent a letter yesterday to all members of Congress expressing concerns with the Fiscal Year 2012 (FY 2012) agriculture appropriations language in the conference committee...
Wednesday, November 16, 2011
View news from United States CME: Meat Exports on Track for a Record Year
US - US meat exports are on track for a record breaking year in 2011. Beef, pork, chicken and turkey exports for September were a combined 1.372 billion pounds, 203 million pounds or 17.4 per cent...
Tuesday, November 15, 2011
View news from United States Pork Commentary: US Pork Exports Explode
US - In this week's Pork Commentary, Jim Long writes about US pig meat exports.
View news from United States Corn & Soybean Prices Continue to Struggle
US - Corn prices have traded in a sideways pattern since mid-October, but are currently in the lower end of the recent range. Soybean prices have trended lower over the past month, with January futures...
View news from United States Pork Gaining New Ground in Leading US Restaurants
US - Leading restaurants are expanding their protein selection on menus by offering more pork dishes, according to foodservice consultants Technomic. With a 7 per cent increase in menu mentions over the...
View news from United States CME: Beef, Pork & Broiler Production Down
US - Two pieces of data that were available for each species for last week are estimated slaughter and production and the changes that are occurring are, we think, critical to price expectations for...
Monday, November 14, 2011
View news from United States NPPC Wants Japan in TPP Trade Talks
US - The National Pork Producers Council on Friday (11 November) welcomed Japan’s announcement that it would like to join the Trans-Pacific Partnership (TPP) multi-lateral trade talks.
View news from United States CME: What's Driving Seasonal Price Variations?
US - We mention seasonal price variation on a regular basis in these pages but what exactly drives those variations? write Steve Meyer and Len Steiner.
Friday, November 11, 2011
View news from United States Smithfield Consolidates Packaged Meats Production
US - The Smithfield Packing Company, a subsidiary of Smithfield Foods, is to shift production from its Portsmouth, Virginia plant to Kinston, North Carolina and permanently close the Portsmouth facility...
View news from United States China, Mexico Help Drive Torrid Red Meat Export Pace
US - Led by a record-breaking month for pork exports to China and the continued rebound of beef exports to Mexico, 2011 remains on pace to set new annual records for the value of beef, pork and lamb exports,...
View news from United States CME: Corn & Soybeans Have Modest Yield Reduction
US - USDA’s monthly Crop Production and World Agricultural Supply and Demand Estimates, released on Wednesday indicate modest reduction in both yield and crop size for both corn and soybeans but...
View news from United States US Corn Yield Projections Lowest Since 2003
US - Corn production for 2011-12 is forecast at 146.7 bushels per acre, the lowest since 2003-04, according to this month’s United States Department of Agriculture (USDA) World Agriculture Supply and...
Thursday, November 10, 2011
View news from United States Tight Stocks, Strong Demand Go on for Corn Market
US - The US corn market continues to be characterized by tight stocks and strong demand as farmers wrap up this year’s harvest and look to next year’s crop, according to economists with the American...
View news from United States US Hog Margins, 4 November 2011
US - Margins dropped slightly since the middle of the month as hog prices weakened while feed costs held relatively steady, writes Doug Lenhart, General Manager for Genesus in the USA.
Wednesday, November 09, 2011
View news from United States National Pork Board to Mark 25th Anniversary
US - Meeting 25 years and a few days after the first National Pork Board convened, members of the National Pork Board will gather 15-16 November in Des Moines, Iowa, to celebrate the board's silver anniversary...
View news from United States Market Preview: Pork-Related GIPSA Rules in Limbo
US - In this week's "Market Preview" from National Hog Farmer magazine, Steve Meyer comments on the latest news regarding the status of the USDA's GIPSA rule.
View news from United States CME: GIPSA Shed Light on Rule Changes
US - USDA’s Grain Inspection Packers and Stockyards Administration (GIPSA) finally shed some light last week about the status of the sweeping rule changes it proposed last year, write Steve Meyer and...
Tuesday, November 08, 2011
View news from United States Soybean Export Progress
US - Since the first of October, November 2011 soybean futures have traded in a range of $1.20, with a high of $12.72. The price of that contract is currently about in the middle of the recent trading...
View news from United States CME: Hog Slaughter Up Two Per Cent
US - Nearby live cattle futures closed the week at $124.5/ cwt, some 630 points or 5.3 per cent higher than where futures opened last Monday, write Steve Meyer and Len Steiner.
Monday, November 07, 2011
View news from United States CME: Corn Diverted from Feed to Ethanol
US - In their previous discussion, Steve Meyer and Len Steiner focused on the expansion in global economic activity and population and whether cattle and hog supplies have increased fast enough to properly...
View news from United States Pork Cutout Values Lower Everyday Last Week
US - Last month Congress passed and the President signed the free trade agreement with South Korea. It now appears the agreement may have difficulty passing South Korea's National Assembly, writes Ron...
Friday, November 04, 2011
View news from United States CME: Meat Prices High Despite High Unemployment
US - We were contemplating what to write about in this edition of the Daily Livestock Report when an article in today’s Wall Street Journal caught our eye. The title was eye catching: “Meat Prices...
Wednesday, November 02, 2011
View news from United States Ag Appropriations Bill a Step in the Right Direction
US - The National Farmers Union (NFU) has expressed positive feelings regarding the agricultural appropriations bill passed by the Senate.
View news from United States Weekly Roberts Market Report
US - Corn, soybean and wheat futures closed down on Monday, writes Michael T. Roberts.
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