Ag Policy
Highlights of USDA’s Weekly Export Sales Report.
The companies still expect the transaction to close the second half of 2013.
Traders look for All Hogs & Pigs to come in slight above year-ago levels.
She urges consideration of the Chinese company’s “troubling track record.”
Has been identified in the U.S., but poses no public health threat.
Beef exports in terms of value were up from year-ago.
Old-crop corn are under heavy pressure again to start the week.
But much more precip needed to alleviate long-term dryness.
But pigs per litter seen above year-ago.
Canada has discontinued its October hog report.
But beef and pork exports in terms of value continue above year-ago levels.
Traders look for All Hogs & Pigs at 100.7% of year-ago levels.
USDA says slaughter data suggests sow slaughter has not been significant.
Pork exports in terms of volume also up, but beef exports in terms of volume slips.
April is best month for beef exports in terms of value.
Warmer temps increase moisture needs, drought to remain.
Shows beef and pork stocks up from month-ago.
Report is bearish for hog market, supportive for cattle.