Markets
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.
Starting Dec. 7, the U.S. Department of Agriculture’s Agricultural Marketing Service will publish new Daily Prior Day Hog Purchase Reports through its Livestock Mandatory Reporting Program.
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.