Archived Content
Cereal supplies improve in spite of tight coarse grains.
Report expected to show All Hogs & Pigs at 101.7% of year-ago.
Says restaurant owners increasing staff in the months ahead.
Report shows retailers have not yet begun buying hams aggressively for Easter features.
Retail pork prices averaged $3.495 per pound last month, up 3.4¢ from December and 25.4¢ from January 2011.
Index signals growth in the industry continues.
Beige book highlights recent economic activity.
Researchers look at how to balance pork quality with feed economics.
Says U.S. HRW wheat area also in need of more precip.
Meanwhile, Consumer Confidence Index retreats.
Total pork exports of 2.255 MMT and beef exports total 1.287 MMT in 2011.
Hog production returned to profitability in 2011, but producers remain cautious about the future.
The decline was driven by sharp falls in international prices of cereals, sugar and oils.
Outside markets supportive for commodity buying to start new year.
Models split as to strength of episode this winter.
2011 turning out a banner year for pork and beef exports.
After years of struggling to earn a profit, pork producers could find themselves back in the black, says a Purdue Extension economist.
USDA is predicting 2012 pork imports and exports will be close to this year’s level.
Report expected to show All Hogs & Pigs at 101.3% of year-ago.
United States inventory of all hogs and pigs on December 1, 2011 was 65.9 million head.
Report garnered muted immediate reaction from the market.
Year-to-date pork production up 1.1% from year-ago, beef production down 0.3%.
The dollar amount of pork and beef shipped overseas is set to make a new record.