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Pork Commentary: Smithfield Foods Sale a Real Game Changer

2013-06-04 02:00:00| ThePigSite - Industry News

US - Smithfield Foods has agreed to a $4.7 billion takeover by China’s Shuanghui International, writes Jim Long.

Tags: real sale game foods

 

Pork Commentary: Russia Report

2013-05-28 02:00:00| ThePigSite - Industry News

RUSSIA - Last week we spent in Russia, writes Jim Long.

Tags: report russia commentary pork

 
 

Pork Commentary: US Cash Hogs Continue to Push Higher

2013-05-22 02:00:00| ThePigSite - Industry News

US - The relentless push to higher cash hogs continues. Last week National lean hogs moved 3¢/lb. higher a further jump of $6.00 per head week over week, writes Jim Long.

Tags: continue higher cash push

 

Pork Commentary: Crop Wildcard

2013-05-14 02:00:00| ThePigSite - Industry News

CANADA - A USDA report last Friday estimated the US corn crop at a record 14.14 billion bushels for this crop year. A yield of 158 bushels per acre and an estimated 97.3 million planted. Planting delays in the Corn Belt continue due to wet weather (What happened to the drought?). When the “dust” settled Friday on the futures, December Corn was down 12¢ to $5.29/bushel (near life of contract lows).

Tags: commentary crop pork pork commentary

 

Pork Commentary: US Cash Lean Hog Price Higher

2013-05-07 02:00:00| ThePigSite - Industry News

US - Last week the National US lean hog price increased 5.5¢/lb. or about $11.00 per head to the better ($80.40 – $85.93 53-54 per cent lean). The right direction for sure. Some lean hogs were trading as high as 93, last Friday, writes Jim Long.

Tags: price higher cash commentary

 

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