Livestock: Hogs

hog barn

News

  • That Old Familiar Feeling

    7/2/2015 3:01:00 PM
    It has been a while, but the grain markets have a touch of that old summer weather bull feeling. The too wet logic is rare (see 1993) but the behavior pattern is familiar. The spec funds press the short side into the June Acreage and Grain Stocks reports. USDA shows a tighter supply scenario than expected, and the weather patterns cause some concern about new crop yield in the US, overseas or both. Then the market chases the shorts out and builds in some risk premium.
  • JBS of Brazil Buying Cargill US Pork Unit for $1.45B 7/2/2015 1:04:00 PM
    Brazilian meat producer JBS will buy the U.S. pork division of agribusiness giant Cargill for $1.45 billion, the companies said Wednesday.
  • July 4th Cookout Cost Still Under $6 per Person 7/2/2015 11:44:00 AM
    A Fourth of July cookout of Americans’ favorite foods costs slightly less this year, coming in at less than $6 per person.
  • Corn Market Seen Tighter as Pigs Erode Reserves at 27-Year High 7/2/2015 10:00:00 AM
    U.S. corn inventories are the highest since 1988, and that still won’t be enough of a cushion to keep supplies from tightening as demand for livestock feed surges and farmers cut back on acreage.
  • JBS to Buy Cargill’s U.S. Pork Business for $1.45 Billion 7/1/2015 4:15:00 PM
    Brazil’s JBS SA agreed to buy Cargill Inc.’s U.S. pork business for $1.45 billion, the latest move by the the world’s largest meat company to expand globally.
  • Oil’s Decline Is Making Your Fourth of July Barbecue Cheaper 7/1/2015 9:50:00 AM
    Americans will spend less this year firing up the grill for Fourth of July barbecues, thanks to cheaper energy and rising dairy and pork production.
  • Profit Tracker: Packers’ Leverage Grows 6/30/2015 11:59:00 AM
    Beef packer profit margins continued to grow last week as the beef cutout jumped nearly $5 per cwt. and cash fed cattle prices declined another $2 per cwt.
  • Iowa Hog Inventory of 21 Million is Second Largest on Record 6/29/2015 9:19:00 AM
    The latest report on the status of the Iowa hog industry shows the state with 21 million hogs on Iowa farms as of June 1.
  • Shades of Pamplona 6/26/2015 4:30:00 PM
    As many of you know, Pamplona (in Spain), is known for its annual running of the bulls event. The 6 bulls for the evening bull fight are turned loose on a well barricaded street course, along with some steers for company. The crowd tries to escape being gored as the bulls run at an average 15 mph from the pens to the arena. There are usually a few who unwisely let a bull get to close and are gored. That pretty much sums up the action in the ag markets this week,
  • Will COOLer Heads Prevail? 6/25/2015 1:00:00 PM
    Country of origin labeling (COOL) still remains a touch subject after the WTO's final ruling against the U.S.