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Report: Low crude oil prices to continue to impact capex spending on planned projects
2016-09-23 01:00:00| Offshore Technology
Capex spending on planned oil and gas projects is expected to fall further due to low crude prices, with estimated decreases from $299.2bn in 2016 to $167.61bn by 2020, according to a GlobalData report.
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Calf and feeder prices continue decline
2016-09-10 02:23:00| Beef
Feeder steers and heifers traded mostly $2-$6 per cwt lower, according to the Agricultural Marketing Service (AMS) as increased beef production and cattle numbers continue to weigh on prices. Calves sold mostly $6-$15 lower. Cash fed cattle traded sharply lower as wholesale beef prices continued to erode. Live prices were mostly $5 lower at mostly $105 per cwt. If price seasonality is intact, then there is more downside in the market this fall, says Andrew P. Griffith, agricultural economist at the University of Tennessee, in his weekly market comments. However, this fall is not going to be the worst of it. The cyclical nature of beef cattle prices could force the calf and feeder cattle market even lower the next couple of years. read more
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Commodities Prices Will Continue to Remain Low
2016-06-01 15:23:00| Waste Age
While low oil prices are good for soft commodities where energy inputs are crucial, they arent good for hard commodities like copper and other metals. read more
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Pork Commentary: US Lean Hog Prices Continue to Increase
2016-05-17 02:00:00| ThePigSite - Industry News
US - Last week the US lean hog price continued its quest to 80¢ lb. reaching 75.6¢ (53-54%) up from 65.86¢ a month ago (plus $22 per head). Never fast enough when you own hogs but the pendulum is swinging in producers favour, writes Jim Long, President-CEO Genesus Inc.
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Chinas live hog prices continue to rise as pork imports surge
2016-05-16 18:15:00| National Hog Farmer
By U.S. Meat Export Federation Staff United States shipped 50,695 mt to China/Hong Kong in March, the largest since December 2011 and up 80% from a year ago but U.S. market share in the first quarter remained at 19% compared to 68% for the European Union and 9% for Canada. read more
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