Sep 23, 2014
Home| Tools| Events| Blogs| Discussions Sign UpLogin

Current Marketing Thoughts

RSS By: Kevin Van Trump,

Kevin Van Trump has over 20 years of experience in the grain and livestock industry.

Why the Livestock Market is Headed Higher

Jan 11, 2011


I am now hearing reports from very reliable sources that South Korea has now had to destroy close to 1.2 million animals. From what I hear they have now found over 110 cases of the disease in infected livestock. The word is most of the animals killed were pigs and cattle. Traders in the industry are now becoming more concerned than ever before that export demand from South Korea and eventually China will soon spike much higher. The big kicker is South Korea has also suspended imports of German pork over the whole dioxin contamination crisis. This has to make US pork more attractive on a global basis. Don't be surprised if traders continue to add premium to these markets, at least until they know more about the severity of this problem, how far it will spread and how much livestock will have to be killed to keep it from spreading.
DON'T FORGET...The USDA report is scheduled to be released tomorrow morning at 7:30 CST. This is certain to be a barn-burner and could push the market in either direction for several days.
Make sure you are signed up to receive my FREE Daily updates.  The information will be sent directly to your e-mail each morning at NO Cost and NO Obligation.  Every e-mail is jammed packed with great information, commentary and strategy direct from the trading floor.


Log In or Sign Up to comment


No comments have been posted, be the first one to comment.
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by|Site Map|Privacy Policy|Terms & Conditions