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CME: Hog Futures Rebound Even as Cash Prices for Pork, Hogs Lose Ground

2017-09-19 02:00:00| ThePigSite - Industry News

US - Hog futures rebounded on Friday even as cash prices for both pork and hogs continued to lose ground, reports Steiner Consulting Group, DLR Division, Inc.

Tags: prices ground cash lose

 

Jim Long Pork Commentary: US Lean Hog Prices have rapid decline

2017-09-12 02:00:00| ThePigSite - Industry News

A month ago US 53-54% lean hog were 84c lb; last Thursday they were 67c lb. A drop of 17c or about $35 per head. Amazing what a few more hogs coming to the market and expectations of even lower prices can do to returns.

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CME: Lean Hog Contract Prices All Lower Week-over-week

2017-09-06 02:00:00| ThePigSite - Industry News

US - In the livestock futures markets last week, using an average of the daily closing prices, the nearby (October 2017) Live Cattle (fed animal) contract averaged $106.23 per cwt., slipping $0.46 week-over-week, reports Steiner Consulting Group, DLR Division, Inc.

Tags: prices lower contract lean

 

Most Pork Producers Well-positioned for Lower Hog Prices, Higher Canadian Dollar

2017-08-31 02:00:00| ThePigSite - Industry News

CANADA - The Director of Risk Management with h@ms Marketing Services says most Canadian pork producers have taken steps to protect themselves from the rising value of the Canadian dollar and the anticipated softening of live hog prices resulting from anticipated record hog supplies over the next three to six months, according to Bruce Cochrane.

Tags: prices lower higher dollar

 

Jim Long Pork Commentary: US Hog Prices Continue Strong

2017-08-18 02:00:00| ThePigSite - Industry News

Last week, the USDA 53-54% National Hog carcass averaged 84¢ lb; same time a year ago, 53-54% lean hog was 67¢ lb. That’s about $35.00 per head year over year to the better. That $35 is really helping producers bottom lines.

Tags: long continue prices strong

 

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