Market News
China’s newly launched live hog futures tumbled to reach limit down on their second day of trading on the Dalian Commodity Exchange on expectations that the hog herd size will increase as new farms start up.
China’s live hog futures tumbled in their debut on the Dalian Commodity Exchange, with analysts attributing the sell-off to the contract’s high listing price and expectations of increasing supplies.
Five respected economists in the pork industry share their insight on what’s ahead in 2021 and ways producers can make the most of new opportunities ahead.
Record-breaking pork exports in 2020 have been a welcome reprieve. But is it possible to continue this growth? Two new reports detail how U.S. can become the supplier of choice for pork to Vietnam and the Philippines.
USDA’s Agricultural Marketing Service will enhance its Livestock Mandatory Reporting National Weekly Comprehensive Pork and Export Pork Sales Reports to provide additional market information starting Jan. 4.
Antitrust lawsuits against several large U.S. pork packers were dismissed on Thursday, while key court dates were set in the antitrust suits against beef packers.
China said on Monday that it is encouraging companies to build pig farms overseas to plug a severe domestic pork shortage .
Here are the key metrics to measure your farm’s financial success.
National Pork Board unveils new research that details ways U.S. pork can fill China’s immediate protein gap and how to position itself for success in the future.
Soaring prices have reduced Chinese consumers’ ability to buy pork.
While there are many factors at play, improving exports and packer competition are driving prices higher.
If any safeguards trigger, the tariff increases will apply only to countries that do not have a free trade agreement with Japan, which includes the U.S.
Pork producers will find some relief in the near future from the impact of the U.S. trade dispute with China. On Thursday, the Trump administration announced a trade relief package for farmers.
NPPC seeks solution for historic China sales opportunity.
USDA releasing its Quarterly Hogs and Pigs report.
President Donald Trump’s State of the Union address Tuesday urged cooperation in pursuing resolution to the ongoing trade disagreements with China, reports Jim Wiesemeyer of Pro Farmer.
Access to foreign markets hinges on compliance with new standards
Jerry Gulke provides the rest of the story behind some of the issues in agricultural commodity markets in hopes it will provide information to help readers make better management decisions.
A bipartisan bill is set for discussion in the North Carolina state legislature that would provide $25 million in federal CARES Act funding to help meat-processing plants add capacity and help independent producers.
Hormel Foods Corp. cut its outlook for sales and profit after an outbreak of African swine fever in China raised pork costs. The shares fell the most since August 2017.
Anxiety, stress and worry are always byproducts of low or negative profits. These are serious issues that need focus, an understanding team, expert advisors and a proactive approach.
China, the world’s biggest consumer of pork, appears poised to boost imports, lifting U.S. hog futures from the doldrums.
Hog markets fell while cattle prices were mixed.
Feed costs were down and May futures were up, creating a better breakeven price for sellers of weaner pigs this week. Cash feeder pig prices were higher too, at $47.78, up $4.64 from the previous week.
Farmers raising speciality hogs such as organic, Certified Humane, and heritage say their loyal customers won’t be swayed—yet—by cheaper competitors.
China’s pork prices are likely to climb next year due to the tight supply from the continuing spread of African swine fever in China.
Livestock farmers achieved an unprecedented victory when President Donald Trump signed the 2018 Farm Bill Thursday afternoon.