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Steve Meyer, senior livestock economist, Ever.Ag Insights, says cash and cutouts just stalled the last six weeks, pulling down lean hog futures and cutting into break evens and profit levels.
The breathtaking views of Guanajuato, Mexico, weren’t easy to leave behind, but she knew her children deserved better than what she could provide them there. So, she took a chance on a new life. This happened next.
Cattle open lower but off lows. How bearish was the COF and will weather, higher cash trump it? Hogs down w/slightly larger herd. Grains open higher then turn mixed. Brad Kooima, Kooima Kooima Varilek, has more.
USDA’s quarterly Hogs and Pigs Report was slightly bearish. Mike Minor, with Professional Ag Marketing, has analysis.
U.S. beef, pork and lamb producers are working on expanding red meat exports in Latin America based on the success they’ve had in Mexico and Columbia after signing trade agreements.
Cattle and hog finishing margins remain positive for the sixth consecutive week, but cash prices for both declined modesty last week and margins eroded.
Cattle feeders saw modest profits for the 10th consecutive week, a headline-worthy observation in normal times. The beef complex is not operating in normal times.
As an Iowa pork producer, Trish Cook realizes she is fortunate to have many opportunities to talk with peers at events nearby. But for Cook, one reason she attends national events is to grow her circle even wider.
Demand concerns have been intensifying with the spike in Covid numbers in China. That’s been sending a negative tone across the energy sector, equities and portions of the ag markets.
“There are 20 or 25 countries that want shelf space in Japan, but what differentiates U.S. meat from meat around the world is that it’s safe, reliable and tasty,” says Dean Meyer, USMEF chair-elect and Iowa farmer.
U.S. President-elect Joe Biden has said that he will not immediately act to remove the Phase 1 trade agreement, which President Donald Trump inked with China, the New York Times reported on Wednesday.
Matt Johnson of the activist group Direct Action Everywhere was charged with trespassing in May.
The Biden administration is considering a proposal that could allow some pork plants to slaughter pigs more quickly if they boost staffing, after a U.S. court struck down a rule that removed line speed limits.
For Lori Stevermer, her why in life is simple. It all goes back to ag. Over the years her role has changed from a salesperson to marketing manager, but her why hasn’t. She opens up about her career.
Students from across the country gathered in Indianapolis for the 94th-annual National FFA Convention on Oct. 27-30. But this year’s convention held even more special meaning than usual.
It wasn’t an easy path – nor was it a straight path, says Merck Animal Health’s Rika Jolie. When she packed up and left her entire world behind in Belgium to follow her dream to study in the U.S., it was a risk.
When the late Kendal Thompson walked into a room, everyone took notice. It was hard to miss his 6’9” frame, but it was even harder to miss his heart for people, says Mike Hemann, CEO and president of DPI Global.
Grains close mixed with a big rally in soybeans pulling up corn, while wheat ended lower after the WASDE. Cattle were mixed, hogs set back. Michelle Rook gets analysis with Darren Frye of Water Street Solutions.
House and Senate Ag Committee members have a tough job ahead of them writing the 2023 farm bill. They’ll have to balance Republican plans to cut federal spending with desires from farm groups.
Grains ended mixed still trying to determine crop size after weekend rains and ahead of crop ratings. Livestock were strong with new contract highs in October lean hogs.
President Biden says he has not made a decision yet on whether to lift some of the $370 billion of tariffs imposed on Chinese imports by the Trump Administration.
Wednesday’s Quarterly USDA Hogs and Pigs Report confirmed continued contraction of the U.S. swine herd.
Will lean hog futures retest their March 31 contract highs?
U.S. pork industry is putting on a full court press to prevent Foreign Animal Diseases, like African Swine Fever.
Several factors have shrunk the U.S. swine herd and slowed expansion.
A new pork plant is planned for South Dakota that could be up and operational by 2025.
IN-DEPTH MARKET ANALYSIS: Wednesday was a risk-off day in the agricultural commodity markets.